/biz/ - Business & Finance

US LABOR FORCE PARTICIPATION RATE FALLS AGAIN Anonymous Sat Sep 8 21:19:25 2018 No.11005327 [View]
File: 63 KB, 491x1193, 1536390145559[1].png [View same] [iqdb] [saucenao] [google]

What the fuck is going on, /biz/? The government released the numbers for August on Friday, and the LFPR is actually lower than it was in August 2017, and lower than when Trump took office. Usually, when unemployment is low, the LFPR goes up, because employers hire more "discouraged" employees who re-enter the labor force.

That is NOT happening this time around. Employers mostly seem to be "poaching" existing employees from other employers. They are not interested in the vast pool of people who are currently outside of the labor market. But why? This goes against all of modern economic history. It's actually unprecedented, as far as I know.

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