Under Obama, we now have the lowest labor participation rate in a quarter-century

While the unemployed share of the U.S. labor force has declined, the labor force itself has also declined. It has shrunk steadily over the past few years, to a point where only 64.2% of adults are either in the work force or looking for a job. Of course, this has not affected all races equally. For every 1,000 Hispanics employed in June 2009 there were 1,025 employed in March 2011 while for every 1,000 non-Hispanics employed in June 2009 there were 994 employed in March 2011. Therefore it is non-Hispanics who are feeling the downside of our current economic situation.