Labor Participation Rate Hits 34-Year Low
KREX News Room
GRAND JUNCTION, Colo. Despite falling unemployment numbers, the number of Americans who've stopped looking for work has hit a 34-year high. However, that's not the trend in Mesa County.
The U.S. Department of Labor released this month's Labor Participation Rate. This number measures the number of Americans who either have a job or are actively seeking employment. At 63.3, the rate is the lowest it's been since 1979, indicating that many have simply stopped looking for work.
However, Mesa County's Labor Participation Rate has slightly increased this year.
Suzie Miller, business services manager at the Mesa County Workforce Center, said, "We're seeing a more energized enthusiastic population searching for work. That's probably evident in change over last couple of months that we've seen overall increase in our labor force, so locally we aren't necessarily following that trend."
Miller says from January to February, the Labor Participation rate increased by about 200. While slight, this indicates Mesa County is moving in the right direction.