Jobs are up, but the labor force participation rate is down
06.04.2021 - By Marketplace
The U.S. economy added 559,000 jobs in May as the recovery from the pandemic recession continues. But there remain millions of Americans unemployed, and some have stopped looking for work entirely. This means the labor force participation rate has dropped to its lowest level since the late 1970s. On the show today: Why Americans aren’t reentering the workforce. Also on the program: Why Facebook decided to suspend former President Donald Trump for two years, why used car prices are surging, and what one teen worker is looking for in a job this summer.