Labor participation continues to struggle and still hovers close to a forty year low.
Not exact matches
If the 2006 study
continues to be correct, the
labor force
participation will
continue to drop, taking the unemployment rate, which hit 6.7 % in December, down with it.
The conventional wisdom in the economics community is that the
labor force
participation rate would have
continued to decline even if the great recession never occurred, because as the nation ages the share of retired workers would grow.
Job growth
continues to produce high numbers and the
labor force
participation rate has improved as jobs are more plentiful.
The unemployment rate was unchanged at 4.9 %, remaining at its lowest level since 2008, while the
labor force
participation rate
continued to rebound, rising slightly to 62.9 % as the strong
labor market encouraged more people to start, or resume, looking for jobs.
The unemployment rate
continued to fall in April, reaching another post-financial crisis low of 4.4 %, although this was partly offset by a marginal decline in the
labor force
participation rate.
But as Bernanke noted: «Despite this improvement, the job market remains weak overall: The unemployment rate is still well above its longer - run normal level, rates of long - term unemployment are historically high, and the
labor force
participation rate has
continued to move down.
The
Labor Force
Participation rate
continues to reflect the ongoing Supercycle Winter, the major double - dip recession since late ’07 and the incipient double double - dip business cycle contraction
The numbers should
continue to recover, but one doubts that the
labor force
participation numbers will return to what they were before the Great Recession.
Labor force
participation, at 68 percent,
continues to exceed the Capital Region (64 percent), New York state (63 percent), and the U.S. (64 percent).
The U.S. Department of
Labor's Office of Disability Employment Policy (ODEP) and the U.S. Department of Defense Office of Diversity Management & Equal Opportunity (ODMEO) manage the program, which
continues to be successful with the
participation of many other federal agencies and sub-agencies.
The unemployment rate fell to 5.9 %, its lowest point since July 2008, but much of the drop in unemployment stemmed from a
continuing decline in the
labor force
participation rate.
Labor force
participation rates
continue to decline.
Though the overall unemployment rate
continues to fall, the
labor participation rate has been stubborn.
«Though the main long - term drivers of housing activity remain stalled — namely below average growth in median household income,
labor force
participation, bank lending and household formation — metro markets
continue to get a boost from pent - up demand caused by the low inventory that plagued housing for the past two years,» Redfin researchers note.
In this week's economic review, the unemployment rate dropped due to lack of
participation in the
labor market, home prices
continue to rise at a strong pace, and mortgage rates fell to a 2017 low.