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Labor Force Participation Rate for 25-29 Year Olds Hits Record Low

25 29 Participation Rate

Labor Force Participation Rate for 25-29 Year Olds Hits Record Low

May 6, 2014 – 5:18 PM
By Ali Meyer

(CNSNews.com) — The labor force participation rate in April 2014 for Americans ages 25 to 29 hit the lowest level recorded since 1982, when the Bureau of Labor Statistics (BLS) started tracking such data.

The labor force participation rate, which is the percentage of the civilian non-institutional population who participated in the labor force by either having a job during the month or actively seeking one, hit a record low in April 2014 of 79.8%.

In January 1982, when the data were first collected, the labor force participation rate for this group was 80.7%.

The actual number of Americans, ages 25 to 29, not participating in the labor force hit a record high in April 2014 as well, with 4,280,000 not working.

Those classified as not in the labor force means that they are included in the civilian non-institutional population but did not have a job, and they did not actively seek one in the last four weeks.

https://cnsnews.com/news/article/ali-meyer/labor-force-participation-rate-25-29-year-olds-hits-record-low

One thought on “Labor Force Participation Rate for 25-29 Year Olds Hits Record Low

  1. this is sad news

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