Data Point - The Single most Accurate Indicator of Labor Market Health - Granite Grok

Data Point – The Single most Accurate Indicator of Labor Market Health

Unleashing Democrat policies and fomenting Obamanomics results in a plague like disease seizing upon the Labor Market. The symptoms are oozing unemployment and fetid labor participation (i.e., how many people are actually trying to get a job).  From the Mercatus Center, George Mason University:

The release of the June labor market data marks the third anniversary of the official end of the recession in June 2009. Thus, this is a good moment to look at the single best indicator of U.S. labor market health. As is so often the case, it is also one of the simplest: the employment-to-population ratio. In essence, this tells us what share of the working-age population (16-years old and above) has a job. When the ratio goes up, things are getting better. When it doesn’t, the labor market is not recovering.

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