The Post had a good piece noting the large number of people dropping out of the workforce, presumably because they can't find jobs in the weak economy. However the problem is likely worse than the piece indicates.
There are a large number of people who do not respond to the Bureau of Labor Statistics' Current Population Survey (CPS), the standard survey used to measure labor force participation. AIn recent years the non-response rate overall has been close to 12 percent, as opposed to just 5...
Published on April 07, 2013 06:55