Sentences with phrase «us labor force participation»

Labor force participation is down significantly over the past 20 years, but rising pay and benefits could entice some people off the sidelines and back to work.

In fact, a large enigma remains unresolved, in that the labor force participation rate has been trending lower for a long time and has returned to levels last seen in the 1970s.

If growing unemployment was not enough, a decline in labor market participation was also on the rise, the ILO said, a warning borne out by the latest U.S. jobs data from December which showed that the labor force participation rate tumbled to 62.8 percent, its worst level since January 1978.

«We offer new analyses in this working paper of the impact of changes in the US labor force participation rate (LFPR).

The labor force participation rate has fallen due to cyclical factors such as workers temporarily dropping out of the workforce because of discouragement over job prospects, but also due to structural forces such as the Baby Boomers reaching retirement age and younger workers staying in school longer.

«The unexpectedly swift decline in the unemployment rate in recent years has in large part been attributed to a drop in the labor force participation rate.

«It's good news but a very large but a very large proportion of this improvement came from people who left the labor force - labor force participation has declined significantly and therefore the effort to draw them back into the labor force is a structural issue.»

Often the biggest caveat for the jobs recovery under Obama is the labor force participation rate.

Fullerton Jr., Howard N. «Labor Force Participation: 75 Years of Change, 1950 — 98 and 1998 — 2025.»

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.

Labor force participation has been declining for men under age 62 since the 1970s, even as more women joined the workforce.

As a result, the labor force participation rate, which measures the percentage of Americans who are working or looking for work, fell to 62.8 % — the lowest level since 1978.

In 2006, five Federal Reserve economists published a paper on labor force participation, which was falling even back then.

The labor force participation rate, or the share of working - age Americans who are employed or at least looking for a job, was steady at 62.8 percent.

They broke the adult US population up into 13 different age groups, and then projected what the overall labor force participation rate would have been if each of those age groups had the same participation rates that they did in December 2007, right before the start of the recession.

We do know that reduced labor force participation will be a drag on growth.

The labor force participation rate, which is the percentage of people 16 and older who are part of the labor force, has been trending down for nearly twenty years:

The labor force participation rate is the percentage of Americans over the age of 16 that are either working or looking for work.

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.

In fact, the labor force participation rate was above 67 % in the late 1990s and early 2000s.

LaVorgna and his colleagues came up with a hypothetical model of labor force participation to capture demographic vs. non-demographic factors.

In a separate report released yesterday, the Congressional Budget Office (CBO) projected that the labor force participation rate would decline from 62.9 % in the fourth quarter of 2013 to 60.8 % by 2024.

«It doesn't really appear that [the rise in the labor force participation rate] is due to workers on the sidelines coming back,» Dutta says.

This data shouldn't change the Fed's interest - rate strategy, as a rising labor force participation rate will put a lid on inflation regardless of how it's done, but it should lower our confidence that the Fed can solve the problem of a bifurcated workforce, in which a large chunk of workers are getting left behind, simply through interest rate policy.

One reason the Federal Reserve Chair has used to justify keeping interest rates barely above zero is the fact that the labor force participation rate — or the share of Americans over 16 who are in the labor force — has risen over the past year.

In fact, he said, plotting women's labor force participation in the country against an age range produced an M - shaped line — where participation rose when women were in their early - 20s, it declined between late - 20s and the 30s, rose again in the 40s when they returned to the workforce and then fell at retirement age.

Perhaps the recent gain in labor force participation has reduced the pressure to raise compensation a bit as hiring became somewhat easier.

The availability of qualified workers will undoubtedly moderate actual job growth, even if the labor force participation rate picks up again.

Job growth continues to produce high numbers and the labor force participation rate has improved as jobs are more plentiful.

Furthermore, the unemployment rate improved notably, falling to 5.1 percent (5.112 percent unrounded) from 5.3 percent (5.261 percent unrounded), while the labor force participation rate held at 62.6 percent (62.552 percent unrounded).

Then... this is the best part... he made it clear that a 6.5 percent unemployment rate would not necessarily be the threshold for raising rates, then went on a long discussion of the conditions under which he would NOT raise rates, including if the unemployment rate dropped mostly due to cyclical declines in the labor force participation rate rather than gains in unemployment, as well as persistently low inflation.

As of 2016, the U.S. was close to the last place, ranking 20th out of the 22 countries for prime - age female labor force participation, the S&P report noted.

The rise would have been even more pronounced except that the average workweek and the labor force participation rate declined unusually sharply (Charts 13 and 14).

Economic growth has been falling since 2010 and the economy has been operating below its potential since then; employment growth, particularly full time employment growth has struggled; in 2014 only 121,000 jobs were created; employment growth has not kept up with population growth; labor force participation has declined to its lowest level since 2000; long - term unemployment has increased; the unemployment rate remains stuck at just under 7 per cent, and youth unemployment is at 14 per cent; business investment has stagnated; and Canadians are losing confidence in their economic future.

And the Council of Economic Advisers announced that policies such as work flexibility «lead to higher labor force participation, greater labor productivity and work engagement, and better allocation of talent across the economy.»

-- In one of the indicators I'm watching most closely, the labor force participation rate has ticked up slightly over the past couple of months.

Labor force participation remains too low, especially among prime - age workers (25 - 54).

Decline in labor force participation rate worst among the young.

True, our unemployment rate is biased down due to the weak performance of labor force participation and still - elevated underemployment, but as I've extensively documented, the US job market has been tightening up for awhile, driven by solid employment growth, now averaging around 200,000 / month.

Though these monthly data are notoriously jumpy, the out - sized job gains were accompanied by a nice pop in labor force participation rate — up 0.3 percent to... Read more

The labor force participation rate (the number of people employed and unemployment as a percentage of the population) and the employment rate (the ratio of persons 15 and older working to the population 15 and older) are both below their 2001 and 2008 levels.

Labor force participation in 2015 is 95 % of what it was in 2008.

That will partly cover the 2 % drop in prime age labor force participation fall, (2.5 million if you look at narrow 25 to 54 year old range), and 1.5 % extra underemployed (of 150 million workforce, that's 2.25).

The labor force participation rate is another important place to look in this regard, but it is a) a very noisy monthly indicator, and b) the overall rate is down in part due to retirement of aging boomers.

The labor force participation rate has not been this low — 63.3 percent — since 1979, a time when women were less likely to be working.

The unemployment rate fell to 4.3 percent, its lowest level since 2001, but for the wrong reason: labor force participation fell by two - tenths of a percent.

During the 2014 - 24 period, the growth of the labor force will be due entirely to population growth, as the overall labor force participation rate is expected to decrease even further by 2024.»

The labor force participation rate is at its lowest level since 2002.

In this brief, we examine the relationship between education and two measures of employment status: unemployment and labor force participation.

Cyclical factors are also affecting youth labor force participation.