In advance of the monthly employment report from BLS, the Center for American Progress today released an analysis of the current state of the U.S. labor market. The analysis takes an in-depth look at data beyond the unemployment rate, and finds that the rest of the statistics we have on the labor market paint a much bleaker picture and show a need for action from policymakers.
Chosen excerpts by Job Market Monitor. Read the whole story at GRAPHS: The State of the U.S. Labor Market | Center for American Progress.
- Labor Force Participation in US / A Chart
- US / Nearly 6.9 million people out of the labor force want a job
- The American Job Gap
- US / Why Is Labor Force Participation Shrinking?
- Long-term unemployment in US – Geography could be one reason
- Labor force projections to 2022 for the US / The overall labor force participation rate is expected to decline writes the BLS