Sentences with phrase «us labor force participation rate»

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.
Often the biggest caveat for the jobs recovery under Obama is the labor force participation rate.
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.
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.
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.
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.
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.
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).
-- 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.
Decline in labor force participation rate worst among the young.
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.
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.
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.
The researchers update the Card and Riddel analysis, drawing attention to the growing divergence in labor force participation rates between Canada and the U.S..
The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military and or committed to an institution).
The Civilian Labor Force Participation Rate has been in free fall since the Great Recession.
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 labor force participation rate has moved higher by two - tenths in recent months to 62.9 % and has yet to move above 63.0 % since March 2014.
The labor force participation rate, the number of people working or actively looking for work, has fallen since the Great Recession and has stagnated near 63 percent for the last four years, according to the U.S. Bureau of Labor Statistics.
A large portion of the improvement can be attributed to a decline in the labor force participation rate, which is at close to a 40 - year low.
The unemployment rate dipped a tenth to 4.7 %, despite a similar - sized increase in the labor force participation rate, which moved up to 63.0 %.
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.
I would also argue that the labor force participation rate is not picking up data about the «gig economy» — Uber drivers, Airbnb renters, etc — which now make up a substantial number of people.
Just why is the labor force participation rate falling?
That's good news to economists, who want to see the labor force participation rate return to pre-recession levels of about 66 percent.
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
Those new entrants have pushed the labor force participation rate up to 62.7 percent.
The decline in the employment - to - population ratio for 25 to 54 year olds has been offset to some degree by rising employment rates for those 55 and older, helping to close the jobs gap.1 Since November 2007, the overall labor force participation rate has fallen from 66.0 percent to 62.9 percent.
For workers with a bachelor's degree, the labor force participation rate is 75.6 %.
The pace of wage growth has been restrained amid excess slack in the labor markets, but the labor force participation rate has recently stabilized and labor markets are currently nearing full employment, supporting core inflation.
That understates the problem as the labor force participation rate for low - skill workers is 44.5 %.
Our lowest skill workers already have a relatively low labor force participation rate and high unemployment even six years into the economic recovery.
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