http://www.usatoday.com/story/money/business/2013/04/07/march-labor-force-participation/2057887/
According to this article, the Labor Force Participation Rate fell from 63.5% to 63.3% in March, which is the lowest it has been since 1979. The main cause of this is from people who have become discouraged and stopped looking for work, as well as the baby boomers are finally retiring. Although the unemployment rate is falling, this could be in part that more people have fallen out of the labor force which will decrease the unemployment rate. One positive outcome of a decrease in the labor force is that it allows for more people to find jobs since there are less job seekers as a result of falling out of the labor force.
According to this article, the Labor Force Participation Rate fell from 63.5% to 63.3% in March, which is the lowest it has been since 1979. The main cause of this is from people who have become discouraged and stopped looking for work, as well as the baby boomers are finally retiring. Although the unemployment rate is falling, this could be in part that more people have fallen out of the labor force which will decrease the unemployment rate. One positive outcome of a decrease in the labor force is that it allows for more people to find jobs since there are less job seekers as a result of falling out of the labor force.
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