The fact that labor participation rates haven't stabilized or even increased in response to their population level attempts to enter the workforce shows that th

The fact that labor participation rates haven't stabilized or even increased in response to their population level attempts to enter the workforce shows that there really are not enough jobs to go around. I'm not sure the data bears this out. If they're looking they're in the labor force, and we'd see a commensurate rise in unemployment for age groups 20-24. That's clearly not the case, as unemployment is down ~1.5% for that demo since mid-2014: http://www.bls.gov/web/empsit/cpseea10.htm http://www.bls.gov/web/empsit/cpseea10.htm I don't have demo-level participation data available but that would clarify whether rates are lower bc of millenial LF dropout or millenial employment success.