Record high 91.5 million people not included in labor force
With the US population of just over 300 million this is almost 1 in 3. WOW.
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A record high 91,541,000 Americans did not participate in the labor force this October.
According to data from the Bureau of Labor Statistics (BLS), 932,000 people dropped out of the labor force last month, from at total of 90,609,000 in September to 91,541,000 in October.
The BLS defines a person “[n]ot in the labor force” as age 16 and older who are not employed and not considered to be unemployed as they have not looked for work in the four weeks prior to the survey.