Tag Archive: real GDP

May
04

All Play and no Work Makes the US a Poor Country

Sometimes looks can be deceiving.  April’s unemployment rate fell from 8.2% to 8.1% which looks good.  On the other hand, the labor force participation rate continued to fall and hit a 30 plus year low.  Fewer people are in the labor force now than were there at the beginning of the economic recovery.  If the …

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