One Man’s Opinion: Is The Recent Drop In US Labor Force Participation Rate Cyclical?

Ulli Market Review Contact

The US economy created 252,000 jobs in December, higher than the 220,000 that IHS Inc projected, said Nariman Behravesh, chief economist at IHS Inc. The November nonfarm payroll number was so high – which seemed fluky – that most economists thought there would be a pullback. The higher numbers indicate the recovery will continue to be solid going into 2015. …