Saturday, June 2, 2018

Unemployment at 3.8%, But Adults Not In Labor Force Hits Record High

Once again, I find it interesting that the BLS announced that unemployment had reached an 18-year low of 3.8%. But at the same time, the BLS announced on the same day that the number of American adults not in the labor force hit a new all-time record high of 95.9 million! That's the highest in American history! Ouch!


Shiller PE at High Levels