Sentences with phrase «dropped from the labor force»

It was due to the fact 637,000 people were dropped from the labor force, not from an increase in employment, but they did end up on the U6, which officially is 16.8 % unemployment, but if you extract the B / D ratio you end up with unemployment of 20.8 %.

Not exact matches

The unemployment rate fell to 6.7 percent, from 7 percent, but that was less about job creation than about people, fed up or unsuccessful in their job searches, dropping out of the labor force.

The unemployment rate fell to 5.9 %, its lowest point since July 2008, but much of the drop in unemployment stemmed from a continuing decline in the labor force participation rate.