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.
Not exact matches
While structural
factors such as technological change - related disruptions and globalization will put a cap on underlying price pressures, the strength of
cyclical factors will outweigh the structural
factors, in our view.
Other
factors,
such as tidal forces from the Moon, might also be at play, he says — and indeed, Peng's data show some signs of a
cyclical pattern that might correlate to tidal patterns.
Other shorter - term
factors affecting market fundamentals include
cyclical trends,
such as broad macroeconomic conditions measured by metrics that include the jobless rate, employment growth, consumer confidence and the velocity of residential home sales.