May 4, 2012
Volume Issue 12, May 4, 2012 Newsletter Summary
The Civilian Labor Force Participation (LFPR) and its Continued Impact on the Employment Situation
The Labor Force Participation Rate fell from 63.8% in March 2012 to 63.6% in April 2012.
Simply put, a continued shrinking labor force does not bode well for the economy. Without an expanding labor force, it is impossible for the economy to grow sufficiently, it is impossible to provide a framework for an equitable income distribution, and it is impossible to provide tax revenue to even sustain current government programs at the local, state and federal level.
