New Paradigm in Econ Byrne & Derbin Rational analysis of current economic conditions

May 8, 2012

The Civilian Labor Force Participation (LFPR) and its Continued Impact on the Employment Situation

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2012
Volume Issue 12
May 4, 2012


The Civilian Labor Force Participation (LFPR) and its Continued Impact on the Employment Situation

The Labor Force Participation Rate fell from 63.8% in March 2012 to 63.6% in April 2012.  Simply put, a continued shrinking labor force does not bode well for the economy.  Without an expanding labor force, it is impossible for the economy to grow sufficiently, it is impossible to provide a framework for an equitable income distribution, and it is impossible to provide tax revenue to even sustain current government programs at the local, state and federal level.

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