4 ms·
> Full employment of a smaller labor force, the civilian labor force is higher than ever. as of Sept 2022, 153M non-farm workers [1], 130M private employees [
by eigen 4y ago
> Full employment of a smaller labor force,
the civilian labor force is higher than ever. as of Sept 2022, 153M non-farm workers [1], 130M private employees [2].
[1] https://fred.stlouisfed.org/series/PAYEMS https://fred.stlouisfed.org/series/PAYEMS
[2] https://fred.stlouisfed.org/series/USPRIV https://fred.stlouisfed.org/series/USPRIV
- time_to_smile 4y agoI feel like I shouldn't have to explain the idea of participation rate but what you've posted is the numerator, you need to divide it by total working age population to get the rate.
- eigen 4y agoyou said "Full employment of a smaller labor force". its not a smaller labor force. its a larger labor force as the number of employees is at an all-time high.