Unemployment is one of the major concerns that people have intoday’s economy, since losing one’s job can be one of the mostdevastating events a person can experience. But what do the numbersactually mean? What is the actual state of the economy, in terms ofits ability to generate jobs for its citizens?
- What is the labor force participation rate? What was the laborforce participation rate in 2008? How has it changed since 2008 andwhat does this change imply for the state of the economy? Does thelabor force participation rate ... View full description