Robert Oak — October Household Survey Shows Employment Situation Truly Improving

Robert Oak parses the US employment situation, with charts.

This month's household survey shows the employment situation really improving. Yet America still needs another six months of this level of growth to get those long term unemployed and not in the labor force back working again. The age 25 to 54 labor participation rate is also another figure to watch. Just seems absurd, almost seven years of misery and things are just now getting off the ground again for U.S. labor.

Improving, but a long way to go.

The Economic Populist
October Household Survey Shows Employment Situation Truly Improving
Robert Oak