Record 93 Million People Not In The Labor Force | glObserver Global Economics


The number of Americans 16 years and older who did not participate in the labor force–meaning they neither had a job nor actively sought one in the last four weeks–rose from 92,898,000 in February to 93,175,000 in March, according to data released today by the Bureau of Labor Statistics.

Source: globserver.cn

BLS employment statistics are based on the civilian noninstitutional people, which consists of all people 16 or older who were not in the military or an institution such as a prison, mental hospital or nursing home.

In March, the civilian noninstitutional people was 250,080,000 according to BLS. Of that 250,080,000, 156,906,000 — or 62.7 % — participated in the labor force, meaning they either had or job or had actively sought one in the last four weeks.

See on Scoop.itglObserver Americas

Author: globserver

Director of Eyecom china

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