The drop in the unemployment rate comes as the labor force participation rate took a leg lower after having held steady -- and slightly increased -- over the last year or so. The labor force participation rate in May fell to 62.7%, down from 62.9% in April and 63% in March. The employment to population ratio also fell in May to 60% from 60.2% in April.
The number of Americans not in the labor force rose by 608,000.
-- Myles Udland/2 June 2017
That's from Yahoo Finance, and one might wonder how long we'll have to wait for Donald J. Quisling's tweet blaming Obambi for the fall in participation. Throwing more folks off of SSI!! That's the ticket.
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