Unemployment Rate Has Improved—Employment-Population Ratio Has Not
Created on September 4, 2014
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Read the original report, "Not Looking for Work: Why Labor Force Participation Has Fallen During the Recovery," by James Sherk.
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The unemployment rate peaked at 10 percent in 2009 and has declined slowly since. However, over the same period, the employment-population rato (which shows the share of the working-age population that is working or looking for work) has not recovered.
Source: U.S. Department of Labor, Bureau of Labor Statistics/Haver Analytics.
CHART 4 • BG 2722 (2014)
Tags: labor-force-participation, employment, unemployment, jobs, recession, recovery