May: US UE-rate remains stable, 217.000 jobs added (user search)
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  May: US UE-rate remains stable, 217.000 jobs added (search mode)
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Author Topic: May: US UE-rate remains stable, 217.000 jobs added  (Read 2313 times)
AggregateDemand
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Posts: 1,873
United States


« on: June 06, 2014, 11:32:09 AM »
It's not bad news, but the falling unemployment rate is still being driven by labor force participation at 36 year lows. It's just more 20-somethings, staying in school and accumulating debt, which hurts economic output and destabilizes retirement entitlements.
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