Bubble Watch: California labor participation remains below average

“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead.
Buzz: California’s economic recovery hasn’t created enough quality job opportunities, leaving the labor participation rate below historical norms.
Source: Bureau of Labor Statistics
Trend: My trusty spreadsheet — filled with some labor data from “Fred,” the Federal Reserve Bank of St. Louis’ database — tells me that in the first quarter, 62.8% of