Labor Participation rate

Too Many Jobs In MI?
Wow, how far we have come.
Now it appears we may not have enough people to fill the open jobs.  I just read an article in Mlive.com where a University of Michigan economist, Don Grimes, believes that Michigan could be en route to a labor shortage...
Labor Participation Rate, What is That?
Interesting article I read over the weekend in the Detroit Free Press by John Gallagher in which he stated that Michigan’s unemployment rate is “not quite what it seems”.
Really, why is that?
Well we are informed it is because there are over 100,000 people a…