I don't see why the labor force participation rate should be high, which is what I believe you mean by "rosy". If the jobs are good, then it only takes one inc

I don't see why the labor force participation rate should be high, which is what I believe you mean by "rosy". If the jobs are good, then it only takes one income to support a family and people can retire early. Both single-income families and retired people pull down the labor force participation rate.