The Labor Participation Rate is a rather stupid stat to use to discuss the state of the economy. Look at the 50's when things were typically considered good.
Two examples.
Fred loses his job & has to take a lower paying job so his wife now has to go to work. This bad economic news just raised the LPR.
Bill & Irma both work to make ends meet. Bill gets a new job making a pile more money & so Irma no longer has to work & decides to stay home with the kids. This is good economic news & the LPR just lowered.
Or Billy is in college and doesn't work
Or Sally just had a baby and is staying home to care for it
Or Gramps just retired and no longer works
Or Donald is retarded and can't support himself
All lower the labor participation rate
Correct, because none of those things ever happened before DumBama became President.
The point that you aren't getting is that a change in the LPR is not automatically good or bad but rather one needs to find out why the change was made.
As an example, when the Exchanges kicked in & a lot of people over 50 could quit working because their health insurance rates went way down. Some could retire. When you are paying $1800 a month & then your rate is $950 before subsidies , some decided to retire.
If you are getting a subsidy for Commie Care, you are not making enough to retire. Commie Care is a vote buying program designed so french fry makers could afford insurance. If you make a standard income, you don't get much of a subsidy if anything at all, so it's unaffordable.
But french fry makers vote Democrat and many middle-class people vote Republican, so we don't count in the eyes of a Democrat politician.
Commie care? Wow you are one clever fuck.
You have no concept of what the exchanges did. It allowed those buying as an individual could now buy as part of a large group. This is where the savings can take effect.
Second, dipshit, if a couple has a large retirement fund, house paid off, etc, they could like easily on 40K in retirement. If they are in their 50's, they would qualify for a subsidy. You really need to get better informed.
If the ACA is a vote buying program, why did all the poorer Republicans vote Trump & now crying about losing their health insurance?
Middle Class Republicans vote for Trump & will get fucked by Trump & you are just too stupid to know it.