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Source: https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm https://www.bls.gov/charts/employment-situation/civilian-lab
by musingsole 4y ago
Source: https://www.bls.gov/charts/employment-situation/civilian-labor-force-participation-rate.htm https://www.bls.gov/charts/employment-situation/civilian-lab...
Workforce Participation (a per capita metric) decreased. Starting from 2002 with a participation of 66%, the US employed ~192 million. But in 2022 at a participation of 62%, the US employed ~203 million.
Absolute employment is up. Between that and productivity gains, more work is being done today than ever before.