A tight U.S. labor market is drawing Americans off the sidelines at a record rate.
Nearly three of four Americans who became newly employed in recent months came from outside the labor force-meaning they weren't actively looking for work prior to the month they accepted a job.
That is the highest ratio in three decades of records and helps explain how employers have consistently added jobs without stoking stronger wage growth.
https://www.wsj.com/articles/americans-joining-workforce-at-record-rate-11581106199
Nearly three of four Americans who became newly employed in recent months came from outside the labor force-meaning they weren't actively looking for work prior to the month they accepted a job.
That is the highest ratio in three decades of records and helps explain how employers have consistently added jobs without stoking stronger wage growth.
https://www.wsj.com/articles/americans-joining-workforce-at-record-rate-11581106199
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