<p>October's <a href="http://www.businessinsider.com/october-jobs-report-november-6-2015-11">jobs report</a> was full of good news, with non-farm payrolls dramatically beating expectations and <a href="http://www.businessinsider.com/average-hourly-wages-october-2015-2015-11">average hourly earnings</a> growing at a faster rate than at any time since the Great Recession.</p><p>Meanwhile, the labor force participation rate remains at its 38-year low, with just 62.4% of American civilians over the age of 16 either working or looking for work:</p><p><div class="KonaFilter image-container display-table"><div><div class="image"><img src="https://static-ssl.businessinsider.com/image/563caf319dd7ccfc418bcbfb-1200-900/october-2015-labor-force-participation-rate.png" alt="october 2015 labor force participation rate" data-mce-source="Business Insider/Andy Kiersz, data from Bureau of Labor Statistics" data-link="http://www.bls.gov/news.release/empsit.nr0.htm" /><p class="source"><span><a href="http://www.bls.gov/news.release/empsit.nr0.htm">Business Insider/Andy Kiersz, data from Bureau of Labor Statistics</a></span></p></div><p></p></div></div></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/ben-carsons-absurd-theory-on-pyramids-2015-11">Ben Carson isn't backing down from his theory about the Egyptian pyramids</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/6e12e8b3387a44daacfb73afba25a76e"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="RkNWhueDrREN4NHK_weO9X1MXtoe3ot3" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'RkNWhueDrREN4NHK_weO9X1MXtoe3ot3',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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Labor force participation stays at a 38-year low

October's jobs report was full of good news, with non-farm payrolls dramatically beating expectations and average hourly earnings growing at a faster rate than at any time since the Great Recession.Meanwhile, the labor force participation rate remains at its 38-year low, with just 62.4% of American civilians over the age of 16 either working or looking for work:Business Insider/Andy Kiersz, data from Bureau of Labor Statistics NOW WATCH: Ben Carson isn't backing down from his theory about the Egyptian pyramids if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'RkNWhueDrREN4NHK_weO9X1MXtoe3ot3',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Octobers jobs report was full of good news, with nonfarm payrolls dramatically beating expectations and average hourly earnings growing at a faster rate than at any time since the Great Recession. Meanwhile, the labor force participation rate remains at its 38year low, with just 62.

Labor force participation stays at a 38-year low

Andy Kiersz

NOW WATCH: Ben Carson isn't backing down from his theory about the Egyptian pyramids

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