At 38-year low, participation rate may have found footing

Gonna need a baby boom to get back to those all time highs.

By the way, "Friday's chart to stir the republican mind:"

080715krugman1-tmagArticle.png
Source
 
Outside the purview of politics the quality of jobs is questionable. Mfg. generally adds downstream jobs. I suppose bartenders do to if count cops pulling patrons over and medical expenses of livers etc.
http://www.zerohedge.com/news/2015-...bartender-jobs-have-increased-64-past-65-mont
Some mfg is returning from China.
http://www.nytimes.com/2015/08/03/b...ing-in-places-where-cotton-was-king.html?_r=0
"Mfg. generally adds downstream jobs. I suppose bartenders do to if count cops pulling patrons over and medical expenses of livers etc"

If you combine manufacturers of Tylenol with bartenders you can get supersized liver expenses!
 
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