{"id":34810,"date":"2015-07-02T11:21:32","date_gmt":"2015-07-02T18:21:32","guid":{"rendered":"https:\/\/redfindevelop.wpengine.com\/blog\/?p=34810"},"modified":"2020-10-06T17:08:30","modified_gmt":"2020-10-07T00:08:30","slug":"heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/","title":{"rendered":"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out"},"content":{"rendered":"<p>There are reasons to be upbeat about the economy. Fewer people are filing for unemployment, people are spending money and companies are hiring. Employers added <a href=\"http:\/\/www.bls.gov\/news.release\/pdf\/empsit.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">223,000 jobs<\/a> last month, and unemployment fell to 5.3 percent.<br \/>\nThat\u2019s pretty good, but there&#8217;s always more to a story than the headline. Usually, more jobs mean more job seekers. That wasn&#8217;t the case in June. Instead, the share of Americans working or looking for work fell to 62.6 percent, the smallest in 37 years. The last time labor participation was this low, a 30-year mortgage was 9 percent and rising fast.<br \/>\nOne month doesn\u2019t make a trend, but 15 years does. That\u2019s about how long labor force participation has been sinking. In 2000, about 67 percent of Americans were in the workforce.<\/p>\n<h2>What does it mean?<\/h2>\n<p>If more than a third of Americans don&#8217;t have a job and aren&#8217;t looking for one, what are they doing?\u00a0Baby-boomers are starting to retire. Young adults in greater numbers are going to or staying in school, for reasons good (to learn something) and bad (they can\u2019t find jobs).<br \/>\nShifting demographics don\u2019t explain everything, though. Look at the chart. Since the recession, the kind of people you\u2019d think should be working \u2013 young adults and college graduates \u2013 have been dropping out of the labor force. In fact, people with a college diploma have been falling out of the workforce since the Labor Department began tracking them in 1992.<br \/>\n<a href=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone  wp-image-34811\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate.png\" alt=\"labor-participation-rate\" width=\"706\" height=\"469\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate.png 670w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate-300x199.png 300w\" sizes=\"(max-width: 706px) 100vw, 706px\" \/><\/a><br \/>\nThose baby-boomers aren\u2019t retiring in droves, either. In fact, more people 55 and older are staying in the workforce. Their participation hit a historic low of less than 30 percent in the 1990s and has been rising steadily ever since. Today, about 40 percent of them are working or looking. Is that because they have to or they want to? No one knows for sure.<br \/>\nWe do know that work itself is changing. Temp employees hit an<a href=\"http:\/\/www.esa.gov\/sites\/default\/files\/temporary-help-workers-in-the-us-labor-market.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"> all-time high<\/a> of 2.9 million in May and now account for 2.4 percent of jobs. And as the gig economy grows (think Uber and TaskRabbit), its on-call workers have <a href=\"http:\/\/www.gao.gov\/assets\/670\/669899.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">less stability<\/a> and fewer benefits such as health insurance or sick leave. Credit can be tough to get, too. And a mortgage? No way.<br \/>\n<strong>So what?<\/strong> Today\u2019s report could give the Federal Reserve pause, which means interest rates might not rise as soon or as quickly as some people thought. The recession ended six years ago last month, but we\u2019re still in uncharted waters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employers added 223,000 jobs in June and unemployment fell. But as always, there&#8217;s more to the story. The number of Americans working or looking for work fell to its lowest in 37 years. Back then, a 30-year mortgage was 9 percent and rising fast. One month doesn\u2019t make a trend, but 15 years does. That\u2019s about how long people have been dropping out of the workforce.  <\/p>\n","protected":false},"author":13355,"featured_media":34811,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[78,71,32,74],"coauthors":[],"class_list":["post-34810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","tag-career","tag-celebrity","tag-housing-market-tracker","tag-mortgage-tips"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out - Redfin Real Estate News<\/title>\n<meta name=\"description\" content=\"Employers added 223,000 jobs and unemployment fell. But there&#039;s more. The number of people working or looking for work is the lowest in 37 years.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out\" \/>\n<meta property=\"og:description\" content=\"Employers added 223,000 jobs and unemployment fell. But there&#039;s more. The number of people working or looking for work is the lowest in 37 years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2015-07-02T18:21:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-10-07T00:08:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate.png\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"445\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Lorraine Woellert\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lorraine Woellert\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/\"},\"author\":{\"name\":\"Lorraine Woellert\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/6395c928950a61ee52bf19341000cfd7\"},\"headline\":\"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out\",\"datePublished\":\"2015-07-02T18:21:32+00:00\",\"dateModified\":\"2020-10-07T00:08:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/\"},\"wordCount\":422,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2015\\\/07\\\/fredgraph-participation-rate.png\",\"keywords\":[\"Career\",\"Celebrity\",\"Housing Market Tracker\",\"Mortgage Tips\"],\"articleSection\":[\"Housing Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/#respond\"]}],\"copyrightYear\":\"2015\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/\",\"name\":\"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out - Redfin Real Estate News\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2015\\\/07\\\/fredgraph-participation-rate.png\",\"datePublished\":\"2015-07-02T18:21:32+00:00\",\"dateModified\":\"2020-10-07T00:08:30+00:00\",\"description\":\"Employers added 223,000 jobs and unemployment fell. But there's more. The number of people working or looking for work is the lowest in 37 years.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2015\\\/07\\\/fredgraph-participation-rate.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2015\\\/07\\\/fredgraph-participation-rate.png\",\"width\":670,\"height\":445,\"caption\":\"labor-participation-rate\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/6395c928950a61ee52bf19341000cfd7\",\"name\":\"Lorraine Woellert\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d7d2b21b96c9b1b64753ff750374787555bf610810bf67eecffc0bb36b383880?s=96&d=wp_user_avatar&r=g0a40e7ddd9625432269e77bfa976388e\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d7d2b21b96c9b1b64753ff750374787555bf610810bf67eecffc0bb36b383880?s=96&d=wp_user_avatar&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d7d2b21b96c9b1b64753ff750374787555bf610810bf67eecffc0bb36b383880?s=96&d=wp_user_avatar&r=g\",\"caption\":\"Lorraine Woellert\"},\"description\":\"Lorraine is enjoying her first real job after a career in journalism. She\u2019s based in Washington, D.C., where she writes about housing and the economy. Before joining Redfin, Lorraine was at Bloomberg News reporting on politics, financial mayhem, housing and the economy. Her dream home is a top-floor loft with a pool, friendly neighbors and a terrace for throwing parties. Everyone's invited. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our \\\"Why Redfin?,\\\" page.\",\"sameAs\":[\"https:\\\/\\\/www.redfin.com\\\/blog\"],\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/lorraine-woellertredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out - Redfin Real Estate News","description":"Employers added 223,000 jobs and unemployment fell. But there's more. The number of people working or looking for work is the lowest in 37 years.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/","og_locale":"en_US","og_type":"article","og_title":"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out","og_description":"Employers added 223,000 jobs and unemployment fell. But there's more. The number of people working or looking for work is the lowest in 37 years.","og_url":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2015-07-02T18:21:32+00:00","article_modified_time":"2020-10-07T00:08:30+00:00","og_image":[{"width":670,"height":445,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate.png","type":"image\/png"}],"author":"Lorraine Woellert","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Lorraine Woellert","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/"},"author":{"name":"Lorraine Woellert","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/6395c928950a61ee52bf19341000cfd7"},"headline":"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out","datePublished":"2015-07-02T18:21:32+00:00","dateModified":"2020-10-07T00:08:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/"},"wordCount":422,"commentCount":0,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate.png","keywords":["Career","Celebrity","Housing Market Tracker","Mortgage Tips"],"articleSection":["Housing Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/#respond"]}],"copyrightYear":"2015","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/","url":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/","name":"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out - Redfin Real Estate News","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate.png","datePublished":"2015-07-02T18:21:32+00:00","dateModified":"2020-10-07T00:08:30+00:00","description":"Employers added 223,000 jobs and unemployment fell. But there's more. The number of people working or looking for work is the lowest in 37 years.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2015\/07\/fredgraph-participation-rate.png","width":670,"height":445,"caption":"labor-participation-rate"},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/heres-the-other-story-in-todays-jobs-report-americans-are-dropping-out\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Here&#039;s the Other Story in Today&#039;s Jobs Report: Americans Are Dropping Out"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/6395c928950a61ee52bf19341000cfd7","name":"Lorraine Woellert","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d7d2b21b96c9b1b64753ff750374787555bf610810bf67eecffc0bb36b383880?s=96&d=wp_user_avatar&r=g0a40e7ddd9625432269e77bfa976388e","url":"https:\/\/secure.gravatar.com\/avatar\/d7d2b21b96c9b1b64753ff750374787555bf610810bf67eecffc0bb36b383880?s=96&d=wp_user_avatar&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d7d2b21b96c9b1b64753ff750374787555bf610810bf67eecffc0bb36b383880?s=96&d=wp_user_avatar&r=g","caption":"Lorraine Woellert"},"description":"Lorraine is enjoying her first real job after a career in journalism. She\u2019s based in Washington, D.C., where she writes about housing and the economy. Before joining Redfin, Lorraine was at Bloomberg News reporting on politics, financial mayhem, housing and the economy. Her dream home is a top-floor loft with a pool, friendly neighbors and a terrace for throwing parties. Everyone's invited. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our \"Why Redfin?,\" page.","sameAs":["https:\/\/www.redfin.com\/blog"],"url":"https:\/\/www.redfin.com\/news\/author\/lorraine-woellertredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/34810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13355"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=34810"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/34810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/34811"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=34810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=34810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=34810"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=34810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}