Americans Not In The Labor Force Soar To Record; Huge March Payrolls Miss

``the labor force participation rate dropped once more, from 62.8% to 62.7%, a level seen back in February 1978, even as the BLS reported that the entire labor force actually declined for the second consecutive month, down almost 100K in March to 156,906.'' -- See also March Payrolls Huge Miss: Only 126,000 Jobs Added, Worst Since December 2013