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Posts Tagged ‘ Participation ’

41-Year-Olds and the Labor Force Participation Rate

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41-Year-Olds and the Labor Force Participation Rate

On Friday, Dean Baker wrote: The Question on People Leaving the Labor Force is 41-Year-Olds, Not 61-Year-Olds In his discussion of today’s employment report Neil Irwin notes that the unemployment rate is considerably lower than would otherwise be the case because so many people have simply given up looking for work and are therefore...
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Labor Force Participation Rate Update

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Labor Force Participation Rate Update

I’ve written extensively about the participation rate, see: Understanding the Decline in the Participation Rate and Further Discussion on Labor Force Participation Rate. A key point: The recent decline in the participation rate was expected, and most of the decline in the participation rate was due to changing demographics, as opposed to economic weakness. Here...
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Employment Report Graphs: Participation Rate, Duration of Unemployment and Diffusion Indexes

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Employment Report Graphs: Participation Rate, Duration of Unemployment and Diffusion Indexes

Below are three more graphs based on the June employment report. For more employment graphs and analysis, see: • June Employment Report: 80,000 Jobs, 8.2% Unemployment Rate • Employment: Another Weak Report (more graphs) • Percent Job Losses: Great Recession and Great Depression • All Employment Graphs Participation Rate The following graph shows the...
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Update: Labor Force Participation Rate by Age

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Update: Labor Force Participation Rate by Age

Note: I’ve updated the percent job losses in recession graphs. With an earlier BLS revision, the peak of employment moved to January 2008 instead of December 2007. This matters if we are counting the number of months below the previous peak. (ht Scott) By request, here is an update to several participation rate graphs....
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