A New Record That Is Dismal, At Best

Zero Hedge today has an interesting article that is frightening, even as it is record-setting. Here is the headline:

Here is a brief quote that explains it:
"...there was one especially scary aspect of today's jobs report that has not gotten enough publicity, namely that as BofA writes, the employment to population ratio plunged to a record low, with only 51.3% of the population working. Inversely, this means that in April, 49% of the US population was not working." 

I shudder to think what could be coming!