The increase in the rate, however, was caused by the rise in the participation rate to 64.7%.
Even among workers with full-time, full-year jobs, the participation rate was just 54.4% down from 60.4% a decade earlier.
The participation rate, a measure of health in the labor market, slid again to 63.3%, marking the lowest level since 1979.
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Since Roth revamped things the participation rate jumped from 66% to 93%.
The Hewitt study found that the participation rate--the percentage of employees eligible for 401(k)s who contributed to them--was unchanged from 2008 at 74%.
Not really, since the gap has closed largely as a result of a steeper decline in the participation rate among men than among women.
Pakistan's election commission spokesman, Khurshid Alam, estimated the participation rate by 2 p.m. local time at 30% and estimated it could reach as high as 60%.
The last time the participation rate was so low was in May 1979, before the surge of women into the workplace in the 1980s and 1990s.
Pakistan's election commission spokesman, Khurshid Alam, estimated the participation rate by 2 p.m. at 30% and said it should top 50% and possibly reach 60% by closing time.
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The participation rate, the share of the labour force either working or looking for work, has declined steadily since 2007, though it ticked up ever so slightly in September, to 63.6% (see chart).
As a recent Financial Engines analysis of more than 2.8 million 401(k) participants found, automatic enrollment is already having an impact on the participation rate, savings and asset allocation of new, primarily younger hires.
McBride also noted that the participation rate was well below the 66% to 67% rate that was normal over the last 20 years, although he pointed out that part of that decline is due to demographics.
The participation rate is falling (the percent of those over 18 years of age with a job or actively looking for one), discouraged job seekers number 1.1 million and the teen unemployment rate is a whopping 25 percent.
Greece confirmed that it had achieved an 85.8% participation rate on its debt exchange, which would allow the government to activate collective action clauses (CACs) to force holdout bondholders to accept the deal (taking the participation rate north of 95.6%).
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And so, given the declining participation rate, the 20% underemployment figures may actually understate the true level of unemployment in the economy.
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The current participation rate is the lowest reading in decades.
Last month the unemployment rate dropped because of a drop in the labor participation rate.
While the unemployment rate fell for all the right treasons, with household employment up by 873, 000 and the labor participation rate inching up 0.1 percentage points, the latter still remains close to its lowest levels in approximately 30 years.
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Goldman's Ms Matsui contends that bringing the female participation rate up to world norms, and raising the retirement age to 70, would each add 0.3 percentage points to annual economic growth.
Chan, Chase Private Client chief economist, was worried about the declining labor participation rate, which helped push down the unemployment rate, yet is an indication the economy still faces substantial obstacles.
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The female-participation rate in the workforce is 46%, the lowest in western Europe.
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Furthermore, the fall in unemployment might have as much to do with the low participation rate as with job creation.
This meant that three or four years into a normal recovery, the female participation rate would not only regain its pre-recession peak, it would surpass it.
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Making matters worse, the fall in the unemployment rate (which stood at 8.3% in July), was in great part due to a further decrease in the labor participation rate, which ticked down to 63.5%, according to Nomura.
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In August, the labor force participation rate for men was the lowest on record, which goes all the way back to 1948.
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Over the last 12 months, the unemployment rate has fallen by 0.4 percentage point, and the labor force participation rate has been essentially unchanged.
The economic consequence will be either higher unemployment, a further decline in the labor force participation rate, or a combination of the two.
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Moreover, the labor force participation rate, which is a measure of the percentage of people working in the entire population, is falling precipitously.
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This means a low 7%ish headline unemployment rate, a stabilization in the labor force participation rate (which may have already begun in April) and accelerating GDP growth.
One bright spot in the Labor Department jobs release, at least, was the slight rise in both the labor force participation rate and employment-to-population ratio, the first increases since February.
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