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      • The consensus among professional economists now is about half of the decline in the number of people looking for work is due to demographic reasons, just hitting retirement age. The other half may be that they are discouraged and we hope that they’ll come back when the economy comes back.
      www.brookings.edu › articles › long-term-unemployment-is-1-social-and-economic-problem-in-america
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  2. Dec 23, 2016 · The unemployment rate does not count people who have not looked for work in four weeks. These individuals are counted in the labor force participation rate, which at 62.7 percent is near the ten-year low of 62.4 percent.

  3. Apr 5, 2024 · By the numbers: A surge in the labor force was underneath both trends, with 469,000 more Americans working or looking for work. The labor force participation rate rose 0.2 percentage points. Average hourly earnings rose 0.3%, and are up 4.1% over the last year — down from 4.3% annual growth in February — a healthy rate of growth, but not ...

  4. Aug 26, 2023 · The Western Journal article accused Biden of leaving out important information, saying that a U.S. Bureau of Labor Statistics report revealed “that more than five million Americans who are not...

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  5. Oct 8, 2021 · Today, the Bureau of Labor Statistics reported that the American economy added 194,000 jobs in the month of September, and the unemployment rate was 4.8%, down from 5.2% in August. With the lowest unemployment rate since the pandemic began and sustained growth in private sector employment, the Biden-Harris Administration is continuing to get ...

  6. Total nonfarm payroll employment rose by 275,000 in February, and the unemployment rate increased to 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health

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  7. Apr 14, 2021 · As business operations ramped up more recently, the unemployment rate decreased for all groups of workers. Among Black women, the unemployment rate dropped from a peak of 17.3% in May 2020 to 9.2% in February 2021. Among Black men, the rate fell from a high of 16.1% in June 2020 to 11.6% in February 2021.

  8. Feb 3, 2023 · In December 2022, 29.2 percent of people who were unemployed a month earlier found work, while 25.1 percent stopped looking for work and left the labor force. These two measures were slightly above their levels of 27.9 and 23.8 percent, respectively, from a year earlier.

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