The Great Shift: Where Have All the Workers Gone?

America’s labor force participation rate (LFPR) is at a low not seen since the 1970s. Even as the unemployment rate has steadily decreased from a high of 10% in October of 2009 to 7.4% in July of 2013, the percentage of Americans in the labor force has fallen about 2.7 percentage points since the onset of the latest recession.

Check out this article from the New York Times’ Exonomix blog for some interesting insight into this phenomonon:

‘The Great Shift’: Americans Not Working

For more indepth analysis of the falling labor force participation rate, download this complimentary white paper from Express Employment Professionals.

The Great Shift: Where Have All the Workers Gone?

And don’t forget to share your thoughts on what’s driving the LFPR in the comments section below.