Civilian Labor Force

Energycon has a few charts of the civilian labor force here and here.

Here's my take.



I've included an exponential trend line in red. Here's a closeup of the most recent activity.



In order to be in the labor force, you must be working or you must be seeking a job. So what are the 7 million missing people doing with their free time if they are doing neither?

Here's my tongue-in-cheek theory. They are busy making E-Trade babies to fund their future expenses. Everyone knows that day trading has become a sure thing. You simply cannot lose when competing against other day traders and high frequency trading algorithms located within investment banks while simultaneously paying a fee on each transaction.



I've never seen so many E-Trade babies. It's a bit scary.

Source Data:
St. Louis Fed: Civilian Labor Force