GBFan
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(CNSNews.com) - A record 92,594,000 Americans were not in the labor force in April as the labor force participation rate matched a 36-year low of 62.8 percent, according to data released today by the Bureau of Labor Statistics.
In March, according to BLS's non-seasonally adjusted data, there were 91,630,000 Americans not in the labor force. In April, that increased by 964,000 people to an all-time record of 92,594,000. The previous record was 92,534,000, set in January of this year.
The BLS's seasonally-adjusted number for people not in the labor force--which was 92,018,00 for April--was also an all-time record. This was up 988,000 from the 91,030,000 seasonally adjusted number BLS said was not in the labor force in March. (The previous all-time seasonally-adjusted high for people not in the labor force was 91,8080,000, which occurred in December 2013.)
In March, according to BLS's non-seasonally adjusted data, there were 91,630,000 Americans not in the labor force. In April, that increased by 964,000 people to an all-time record of 92,594,000. The previous record was 92,534,000, set in January of this year.
The BLS's seasonally-adjusted number for people not in the labor force--which was 92,018,00 for April--was also an all-time record. This was up 988,000 from the 91,030,000 seasonally adjusted number BLS said was not in the labor force in March. (The previous all-time seasonally-adjusted high for people not in the labor force was 91,8080,000, which occurred in December 2013.)
