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Ron Johnson: “Both of these measurements right now in America, I don't…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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Chairman Johnson at Euro Affairs Subcomm hearing on financial crisis in Greece

Published | Video Starts at 27:52

I just have a couple more questions and it really does relate to that high unemployment rate. But I want to take a look slightly different statistic, percentage of population in the workforce, labor participation rate. Both of these measurements right now in America, I don't have them right off the top of my head, but they're at some pretty low levels compared to even 10 years ago or 15 years ago. Dr. Taylor, can you explain that? There's been a lot of research and actually debate amongst economists as usual on this. (27:52–28:01)

CLAIM

Asserts that current labor participation and unemployment rates in America are low compared to 10-15 years ago.

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