Labor Force Participation Rolling Over

👷‍♂️ U.S. Labor Force Participation Rolling Over — Again

The labor force participation rate is sliding once more, continuing a long-term decline that started back in 2000.

People love to blame it on retiring Boomers — but that excuse doesn’t hold up anymore.
Millennials are a larger demographic group, yet participation still can’t recover.

Something deeper is at play: structural weakness, stagnant productivity, or simply a shift in incentives.
Whatever the cause, fewer people working means lower potential growth and higher dependency on credit-driven demand.

The trend is still down. The economy is weakening under the surface while markets are at all-time highs.

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