The chart below showed that 93% of those classified as “not in the labour force” in October also resided there in September. Furthermore, since this share hit its cycle-low in June 2010, there has been a clear upward trend and we are currently around historically high levels.
In other words, an increasing share of Americans outside of the labour force are not making an effort to come back.
Chosen excerpts by Job Market Monitor. Read the whole story at Labor Force Participation Rate is a Non-Issue | The Big Picture