The5thHorseman
Platinum Member
- Nov 22, 2022
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- #241
Please don't do this.Because the labor participation rate was mostly on an upward trajectory for almost 50 years...up to The Great Recession of 2008.
View attachment 815145
A primer on unemployment and how it is calculated...
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What the unemployment rate does – and doesn't – say about the economy
The unemployment rate gets most of the attention, but the monthly jobs report contains lots of other data that can provide a fuller picture of the economy.www.pewresearch.org
I've used this data for decades, I am familiar with the distinctions and methodologies.