What makes him think it’s the economy, even though we’re supposed to be in a recovery? The question: “Have you or someone in your household been unemployed in the last 12 months?” Last year, 49 percent said yes. This year, the number is 52 percent.
Right now the share of working-age population that is actively involved in the work force — that is, either in a job or actively looking for one — is at 64.2 percent. That is the lowest labor force participation rate in 25 years, an indication that many Americans are waiting for hiring to get better before resuming the job hunt.