Economist Sees Disconnect Between Low Unemployment Rate and Housing Activity

By Samantha Guzman

Other metrics that changed little month-over-month in February, according to BLS, include the civilian labor force participation rate (62.8 percent, and it has remained between 62.7 and 62.9 since April 2014), the number of long-term unemployment persons, or those unemployed for more than 27 weeks (2.7 million), involuntary part-time workers, or workers employed part-time for economic reasons (6.6 million), persons marginally attached to the labor force (2.2 million), and discouraged workers, or those who are not currently looking for work because they believe there are no jobs available (732,000).

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