But too much of that is due to people
dropping out of the workforce altogether (because the job market is * that * good): now at 63.2 %, the labour force participation rate has been catapulted all the way back to that which last prevailed in 1978.
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.
While the economy added more jobs than expected, more people
dropped out of the workforce altogether.
Not only are people not finding jobs, but more and more are simply
dropping out of the workforce.
Also, unemployment might go down, because some people would
drop out of the workforce to sit on their couches and smoke all day.
But in that moment Orr opened the door to a nine - year struggle during which his marriage would end, he would take a company public and then sell it, plunge into depression,
drop out of the workforce, and take another company public, all while searching for a way to be a good boss and a good person.
As the Wall Street Journal «s Phil Izzo points out, though most of the July drop happened as a result of more people finding jobs, part of it still reflected some workers
dropping out of the workforce.
Haven t heard about it much lately... maybe they re doing it and not talking about it (buying dollars)... just awfully strange that with our wages stagnating and unemployment at 14 % when you count people who
drop out of the workforce and pparttimers who can t get fulltime work — that the dollar is surging as it is.
When arrangements stretch to breaking point, it is very often the mothers who reduce hours or
drop out of the workforce altogether.
«People are
dropping out of the workforce.
Millions of able - bodied Americans have
dropped out of the workforce even though employers report that millions of jobs sit unfilled for want of properly trained employees.
Then she would
drop out of the workforce and retire.
Like Alberta, Saskatchewan is being hit by weakness in the energy sector, with more than 9,000 residents having
dropped out of the workforce altogether.
Women may expect to have a husband to help with expenses in their retirement years when they make decisions to
drop out of the workforce to care for children or others, but today, about twice as many women are divorced than 20 years ago.
In the wake of the financial crisis, a lot of people could only find part - time work or just
dropped out of the workforce.
In a 2004 study that followed workers over the course of six months, researchers found workers with depression
dropped out of the workforce at a rate of 12 percent compared to only 2 percent of their peers.
Then, she had a child,
dropped out of the workforce for five years, and changed her career goal.
«As the job market begins to slow, we should see an increase in enrollment as people
drop out of the workforce and go back to school or more people enroll in college immediately after high school,» says Gunn.
Not exact matches
We receive lower starting salaries, are promoted at slower rates, and
drop behind — or
out —
of the
workforce as we reach the age
of family formation and childrearing.
In her book, Unfinished Business: Women Men Work Family, Anne - Marie Slaughter advises: «Don't
drop out, defer... if you keep your hand in the
workforce while you are devoting more
of your time to care, it will be easier to ramp up than to get back in.»
Which raises the question: What do you do if a whole generation
of the scientific
workforce decides to
drop out?
Among them are deleterious effects on children
of unregulated and often substandard childcare; [9] lost productivity for employers due to parents missing work to handle gaps in childcare or to care for a sick child; [10] lost wages and reduced retirement benefits for parents who have to
drop out of the labor market to provide at - home care for their young children; [11] a substantial downward pressure on the wages
of childcare workers with effects on the quality and stability
of the childcare
workforce; [12] and lost opportunities for further education, [13] college savings, and other investments that working parents could make in themselves and their children but can not afford because they are spending most or all
of their disposable income on childcare.
The commissioner said students who are frequently suspended from high school «are prime candidates» to
drop out of school and enter the
workforce without the skills they need to succeed.
Some
of the rate improvement was related to people leaving the
workforce, either due to benefits running
out or those giving up until after the end
of year - this means that when the Ball
drops the rate might start to climb again.