US Labor Participation Rate Plummets While Black Market for Labor Booms

Almost 100 million Americans who could work aren’t. Burdening the labor market with payroll taxes, obamacare, regulatory compliance costs, minimum wage and indiscriminate college loan subsidies, among other things, as well as creating a wage floor with welfare, unemployment insurance, food stamps, etc., creates systemic unemployment like this.  The value to employers of the work (more…)