Labor Participation Rate Unchanged – Third Month

From the Atlanta Fed this week:

The unemployment rate declined from 6.3 percent in May to 6.1 percent in June, its lowest level in nearly six years (since September 2008). The decline to 6.1 percent was a result of a 325,000 decline in the number of unemployed persons, reaching roughly 9.5 million people. The labor force participation rate was 62.8 percent for the third consecutive month.


Yet there is still the very stubborn number of those not in the labor force (that continues to climb) reaching its current high of 92.1 million according to the BLS:

BLS Not In Labor Force 16 & Older

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