Thread: Jobs Report
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Old 11-02-2012, 02:32 PM   #6
cutthemdown
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Quote:
Originally Posted by elsid13 View Post
"The labor force participation rate, a key metric that measures those working and looking for jobs, edged higher to 63.8 percent after wallowing around 31-year lows for the past several months."

http://finance.yahoo.com/news/pre-el...124021282.html

More folks back activity looking for employment, I expect that one of key reason the number edge up to 7.9% vs going down or staying at the same rate. Not great but not total disaster. More slow steady muddling progress.
It is really bad. This long into a recovery we should be adding jobs at a rate to move unemployment down. Obama can barely add enough to avoid this being another recession. Seriously we are like 1% growth away from going the wrong direction.

Country needs a change.
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