… and tis happens while Congress and the White House work to increase the number of visas given to foreign workers, and grant legal status to people who entered the US illegally. PUT THE LEGAL RESIDENTS FIRST!
A record 93,626,000 people were not participating in the workforce in June, according to new figures released Thursday by the Bureau of Labor Statistics.
The BLS defines people outside the labor force as those ages 16 and older who are neither employed nor have “made specific efforts to find employment sometime during the 4-week period ending with the reference week.”
The labor force participation rate also decreased 0.3 percent from last month to 62.6 percent.
The country has not seen a labor force participation rate that low since October 1977 when the participation rate was 62.4 percent.