Labor Force Participation is the % of people working of those who are seeking work. Using the BLS data base tools, you can select criteria and time frames to see trends.

Trump Posts Highest Labor Force Participation During the Last 10 Years

Looking at the Labor Force Participation Rate for those above 25 years old by month, President Trump posted the highest participation rates. A rate of 64.7% was achieved in October and November in 2019.

Currently, we are at 63.7%, a full percentage point below peak employment as a percentage under President Biden. Were Biden to have the same LFP as Trump achieved, we’d have 1.58 million more people employed in the US today.

Conclusion: The US Economic Engine is not as robust as it has been in the past. The Federal Reserve Bank, which is charged with seeking peak employment, is not meeting its stated objective.