Monday, June 9, 2014

“Not In Labor Force” Statistic - As Of June 2014

In the November 13, 2013 post ("Not In Labor Force Statistic") I featured editorial commentary from the Wall Street Journal, as well as an accompanying long-term chart, with regard to the number of people not working.
Below is an updated chart regarding this statistic.  The current figure, last updated on June 6 depicting data through May, is 91.782 million people (Not Seasonally Adjusted) :
Not in Labor Force
Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis: Not In Labor Force [LNU05000000] ; U.S. Department of Labor: Bureau of Labor Statistics; accessed June 9, 2014;
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 1951.51 as this post is written

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