When Bush had 5.8% unemployment more people were in the workforce so spin that shit somewhere else.Level is the actual numberCan you explain the difference between a level and a rate?Dumb ass I take it you can't read?No one has made that claim. The LEVEL not in the labor force has set a record under every president as the population has grownShow me where low worker participation for Reagan set a record?
Nope, Reagan set the record after CarterNot only can I read, I can understand. Ed was talking about record level, not rate.Dumb ass I take it you can't read?No one has made that claim. The LEVEL not in the labor force has set a record under every president as the population has grownShow me where low worker participation for Reagan set a record?
Nope, Reagan set the record after Carter
Rate is a percentage.
For what we're talking about…
The population level is 248,446,000 people
The employment level is 146,600,00 people
The unemployment level is 9,262,000 people.
The labor force is employed plus unemployed, so the labor force level is 155,862,000
The Not in the Labor Force level is 92,584,000
The labor force participation rate is 155,862,000/248,446,000=.627=62.7%
The employment-population ratio is 146,600,000/248,446,000=.59=59%
And the unemployment rate is 9,262,000/155,862,000=.059=5.9%