How Many Americans Are Actually Working?

We don’t hear a lot about the Labor Force Participation Rate, but it is an important part of the American economy. It is an indication of how many Americans are actually working. The current unemployment rate is somewhere around 5 percent, but without looking at the Labor Force Participation Rate, that number really does not mean much. The 5 percent does not include those people who have given up looking for a job, that is why the Labor Participation Rate is important.

The Bureau of Labor Statistics website includes these two charts that give a clearer picture of the American economy:

LaborForceParticipationLaborForceParticipation2As you can see, we have been losing ground since 2007. It is time to shrink government, limit government regulations, and allow Americans to prosper. Consider this as you decide how to vote in the upcoming election in November. Hillary Clinton would be the third term of President Obama. If we want the above numbers to change, we need to vote for someone who will change our economic direction.