>>11314658
Supposedly Trump does not lie. It is frustrating because what exactly is he saying when he says breaking unemployment records?
"Labor Force Participation Rate
By INVESTOPEDIA STAFF
Reviewed By ROBERT C. KELLY
Updated Sep 25, 2020
What Is the Labor Force Participation Rate?
The labor force participation rate is a measure of an economy’s active workforce. The formula for the number is the sum of all workers who are employed or actively seeking employment divided by the total noninstitutionalized, civilian working-age population.
The U.S. labor participation rate stood at 61.7% as of August 2020, according to the federal Bureau of Labor Statistics, which publishes updates monthly.1 The monthly figures have hovered around 63% since 2013, after a sharp decline in the wake of the Great Recession. In August 2020, there were 13.6 million unemployed, up 7.6 million from the 6 million in August 2019.2 3"
https://www.investopedia.com/terms/p/participationrate.asp#:~:text=1%EF%BB%BF-,61.7%25,the%20Bureau%20of%20Labor%20Statistics.
We are not even close to the 1999 to 2000 employment participation rate.
We are at the lowest of civilian labor participation rate so how is he figuring unemployment?