(FOX BUSINESS) – By now it's common knowledge that the U.S. saw an unprecedented drop in labor participation at the onset of the COVID-19 pandemic in 2020 as health concerns, lockdowns and stimulus payments caused tens of millions to abandon or forfeit their jobs.
But three years later, millions still haven't returned — including many who quit in the middle of their prime working years — and some economists are sounding the alarm that so many capable, would-be earners remain out of the workforce.
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When the Labor Department reported last month that unemployment dropped to 3.4% in January, the lowest level in more than 50 years, not all experts were celebrating.
The post America's low labor participation rate 'a social and economic disaster,' experts warn appeared first on WND.
