In the November 13, 2013 post (“Not In Labor Force Statistic“) I featured editorial commentary from the Wall Street Journal, as well as an accompanying long-term chart, with regard to the number of people not working.
Also, on February 9, 2015 I wrote another post titled “Unemployment And The ‘Not In Labor Force’ Statistic,” in which I discussed various facets of this measure.
Below is an updated chart regarding this statistic. The current figure, last updated on June 5, 2015 depicting data through May 2015, is 92.736 million people (Not Seasonally Adjusted):
Data Source: FRED, Federal Reserve Economic Data, Federal Reserve Bank of St. Louis: Not In Labor Force [LNU05000000] ; U.S. Department of Labor: Bureau of Labor Statistics; accessed June 8, 2015;
http://research.stlouisfed.org/fred2/series/LNU05000000
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The Special Note summarizes my overall thoughts about our economic situation
SPX at 2079.28 as this post is written