>even today with near-full employment by historic standards There's quite a difference between the "employment" figures and the labor force participation rate[

>even today with near-full employment by historic standards There's quite a difference between the "employment" figures and the labor force participation rate[0]. The employment figure does not take into account people who have stopped looking for work, or people who have a part-time job that they wish was full-time. [0] http://static4.businessinsider.com/image/563caf319dd7ccfc418bcbfb-1200-900/october-2015-labor-force-participation-rate.png http://static4.businessinsider.com/image/563caf319dd7ccfc418...