http://www.addictinginfo.org/2015/09/05/unemployment-rate-under-obama-is-now-lower-than-ronald-reagan-ever-achieved-imagevideo/
"Instead of talking about the unemployment rate, they’re trying to confuse the matter by pointing out that the labor-force participation rate (LFPR) is at its lowest level since 1977, at 62.6%.
This is misleading.
The LFPR has been steadily declining all throughout the Bush years. The Federal Reserve Bank of Chicago in 2012 concluded that at least half of this decrease comes from the retirement of baby boomers. This was expected and is what’s referred to as a structural change – not indicative of a weak economy at all. Andrew Chamberlain, chief economist at Glassdoor, echoes this same sentiment along with the fact that more Americans are now choosing to receive an education."
