The U.S. Economy Added 2.1 Million Jobs in 2017. (The Atlantic, 1/5/2018)
And while unemployment has ticked down significantly, there are still tons of missing workers: December’s report showed that the labor-force participation rate was still at 62.7 percent, still well below historical norms.
Where have all the workers gone? An inquiry into the decline of the U.S. labor force participation rate. (Brookings, 9/7/2017)
The increase in opioid prescriptions from 1999 to 2015 could account for about 20 percent of the observed decline in men’s labor force participation (LFP) during that same period.