The Unemployment Rate vs The Labor Force Participation Rate in 90-Seconds - Granite Grok

The Unemployment Rate vs The Labor Force Participation Rate in 90-Seconds

The labor force has been dropping for years and unemployment with it, which is a problem we’ve explored at great length. A declining unemployment rate is a good thing when you have a stable or rising labor force participation rate. It is not a good thing when your labor force is declining too.

The 90-second video above is probably the quickest, simplest explanation I have ever seen.

 

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