Sentences with phrase «labor force participation rate grew»

Not exact matches

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.

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.

He explained that, while the economy is currently growing at a rate of around 1.5 to 2 percent, without the improvement in women's participation in the labor force, Japan would've grown at around 1 to 1.5 percent.

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..