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Originally Posted by MTK
Probably some legit reasons why people aren't going back to work, but I know it's more fun to just assume they are lazy bastards.
It's going to take some time. Covid is just loosening it's grip, and a lot of people took advantage of early retirement.
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This is a good website, I need to put this one in my staples. Interesting article on the labor participation rate.
The peak was 67.3% in 2000. I assumed this number would be higher. We're at 62.3% as of the February report. Doesn't sound like much difference, but with how many people we have, that's quite a jump we still need to make.
This is not about Biden, as it has not got back to that rate under anyone since 2000. But that would certainly be the goal imo.
https://www.thebalance.com/labor-for...m%20its%20peak.