BLS: Unemployment Drops (3.9%), Labor Force Participation Increases (61.9%)
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(Worthy News) – The Labor Department’s final employment report of 2021, released on Friday morning, shows steady improvement since January a year ago.
But labor force participation remains a concern, as does the number of Americans counted as not in the labor force — not working and not looking for work, for whatever reason. Those are just two of the Labor Department measures of economic health that have not rebounded to their pre-pandemic levels.
The Bureau of Labor Statistics says 199,000 jobs were added to nonfarm payrolls in December, well below analysts’ estimates of around 422,000. [ Source: CNS News (Read More…) ]
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