WEST VIRGINIA LEADS NATION WITH LESS THAN HALF IN WORKFORCE

(01/17/2015)

West Virginia is leading the nation with less than half of its adult, civilian population in the workforce in November.

State data compiled by the Labor Department shows that West Virginia’s civilian labor participation rate has fallen to 49.8%, from 50% in October.

The national rate in December was 62.7%.

West Virginia is a state filled with senior citizens receiving Social Security and retirement benefits, with a mass exodus of younger people leaving the state for several decades, a trend that is predicted to continue.

Several thousand manufacturing jobs left the Mountain State as a direct result of globalization, including at least two dozen in the immediate Little Kanawha region.

The state's largest employer is Wal-Mart.

READ:   www.marketwatch.com


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