America’s low labor participation rate since the COVID pandemic has become a problem for the U.S. economy, according to experts. Economists are saying that an unprecedented drop in labor participation throughout the United States after the pandemic hit in 2020 has become widely noticeable. Health concerns, harmful reactions to the COVID vaccines, lockdowns, and stimulus…
Falling Labor Participation Rate ‘Really Troubling’ for the US Economy, Warn Experts
March 4, 2023
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american workersBusiness & Marketseconomic policieseconomylabor participationpersonal financeUSUS News
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Americans’ Real Wages Fall Again as Inflation Soars to Fresh 40-Year High
July 13, 2022
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american workersBusiness & Marketseconomic policieseconomyinflationpersonal financereal wagesUSUS News
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American workers’ real average hourly and weekly seasonally adjusted earnings fell 1 percent from May to June, according to the U.S. Bureau of Labor Statistics on July 13. Though many workers are receiving larger paychecks in the middle of a tight labor market, rising prices are adding pressure to their finances due to inflation outpacing employee…
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