by June Zaccone, Assoc. Prof. of Economics (Emerita), Hofstra University and member, NJFAC Executive Committee. Special Report 5 June 2015; Graphs have been updated 2/20 If the LFPR were at its pre-recession level, the unemployment rate in September 2013 would have been 10.2% instead of 7.2%. The participation rate and its changes can lead to… Read More The Labor Force Participation Rate and It Trajectory–Why It Matters