Of course Bush & Clinton both had record numbers of people not in the labor force during their respective presidencies. Every president has...
LOL! Wow that graph just demonstrates it all. Chiefly it demonstrates you are a dimbuilb.
It demonstrates what was said here, which is clearly too complex for your limited comprehension ... that every president had more people who were not in the labor force than any previous president going as far back as the data allows.
It actually doesn't demonstrate that. Nor is the assertion true.
Here's a graph of the workforce participation rate. Note that it goes up from 1970 to about 1990, then starts to decline. After 2008 it declines more severely.
People entered the labor force because they perceived job opportunities. They left for pretty much the opposite reason. Under Obama there is hardly any incentive to work at all.
Are you not understanding the difference between level and rate? Faun's graph shows a steady increase in the number of people not in the labor force...a "new record" for every President.
Your graph shows the Labor Force Participation RATE: the percent of the population in the labor force. It has been going down since 2000.
In short: As the population grew from 1948 to 2000, both those in the labor force and those not in the labor force increased, but in the labor force increased faster, causing the participation rate to increase.
Since 2000, the number Not in the Labor Force has increased faster than those in the Labor Force (especially considering the drop in the labor force level due to the recession) and so the participation rate has dropped.