(ZeroHedge) While by now everyone should know the answer, for those curious why the US unemployment rate just slid once more to a meager 5.9%, the lowest point since the summer of 2008, the answer is the same one we have shown every month since 2010: the collapse in the labor force participation rate, which in September slid from an already three decade low 62.8% to 62.7% - the lowest in over 36 years, matching the February 1978 lows.
Labor-participation rate drops to 36-year low
Record 92.6 million Americans not in labor force
By WND News Services
Published October 3, 2014 at 4:19pm
