Labor force participation sinks to a 38-year low
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The September jobs report was broadly disappointing, with very few points of optimism.
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Along with non-farm payrolls and wage growth missing expectations, the civilian labor force participation rate - the percentage of the US population that is either working or looking for a job - fell by 0.2 percentage points to 62.4%.
The last time the rate was this low was in October 1977.
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