93,482,000 Americans Not in Labor Force While Participation Rate Improves in March

Veterans wait in line at a job fair / AP

There were 93,482,000 Americans not participating in the labor force in March, a decline of 206,000 individuals from the previous month, according to data from the Bureau of Labor Statistics released Friday. Those not in the labor force represent individuals who do not have a job and did not actively seek one in the past four weeks.

Economists Disagree With Fed Claim That U.S. Nearing ‘Full Employment’


While the Federal Reserve claims that the United States is making progress towards its goal of maximum employment, some economists and policy experts disagree, citing poor labor participation rates and anemic wage growth to suggest that the economy is not recovering as quickly as the unemployment rate might suggest.