Dossier
labor force participation rate
Coverage of labor force participation rate in the Nexus archive.
- Job seekers giving up: Labor force participation rate falls to lowest in 50 years, outside of Covid era
The labor force participation rate has fallen to its lowest level in 50 years, excluding the Covid era, with the drop in unemployment rate offering a misleadingly positive note in an otherwise negative jobs report.
- Ohio lost jobs in May, and had 58,000 fewer in the workforce than last year
Ohio lost 2,400 jobs in May, with 58,000 fewer workers in the labor force compared to last year despite a growing working-age population. Unemployment fell to 3.7%, but concerns persist over declining labor participation and rising inflation, which hit 4.2%, a three-year high.