Friday, August 1, 2014

worker participation July 2014

You can follow the link or read below to see that worker participation rose 1/10th of a percent to 62.9, so it is hovering very slightly above the lowest rate recorded in the past ten years. That would be 62.8%, which happens to be what was recorded for 5 of the last 10 months.

I believe this rate refers to the total percentage of Americans over 16 who are counted as being in the workforce, including part-time workers and those who work enough part-time jobs to be counted as working full-time.

So although unemployment rose from 6.1 to 6.2, worker participation also rose from 62.8 and 62.9, which seems to indicate that unemployment is rising because more people are looking for work, which is why we could still see job growth of over 200,000 for the most recent month. At present, I can't substantiate the rumor that every single newly hired worker is being hired in Washington, D.C. to make sure that nothing gets done.

Series Id:           LNS11300000
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over


Download: 
YearJanFebMarAprMayJunJulAugSepOctNovDecAnnual
200466.166.066.065.966.066.166.166.065.865.966.065.9
200565.865.965.966.166.166.166.166.266.166.166.066.0
200666.066.166.266.166.166.266.166.266.166.266.366.4
200766.466.366.265.966.066.066.065.866.065.866.066.0
200866.266.066.165.966.166.166.166.166.066.065.965.8
200965.765.865.665.765.765.765.565.465.165.065.064.6
201064.864.964.965.264.964.664.664.764.664.464.664.3
201164.264.264.264.264.264.064.064.164.264.164.164.0
201263.763.963.863.763.863.863.763.563.663.763.663.6
201363.663.563.363.463.463.563.463.263.262.863.062.8
201463.063.063.262.862.862.862.9

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