Introduction -
As headlines in The New York Times and other major news media tout increases in the number of employed non-farm workers, a deeper dive reflects that the labor force participation rate in June was 62.6% for the fourth consecutive month, and the employment-population ratio was 60.3%, unchanged from May. These measures remain below their pre-pandemic February 2020 levels based on data from the U.S. Department of Labor Bureau of Labor Statistics.
Please see full publication below for more information.