Not exact matches
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.
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.
How is it that we have 23 million Americans between 25 and 54, in their prime working
age, that are
out of the
labor force?..
The situation that Spain is experiencing in terms
of unemployment is problematic: together with Greece, it has the highest level
of unemployment among European countries (23.7 % according to the latest EPA (Encuesta de Población Activa —
Labor Force Survey); one
out of two young adults under the
age of 25 can not find work (52.4 %); and nearly half
of the unemployed receive no benefits whatsoever.
Consider two hypothetical women: one worked every year beginning at
age 25 and the other worked most years but spent seven years
out of the
labor force.