Sentences with phrase «out of the labor force because»

Meanwhile, the overall share out of the labor force because they're discouraged, have family responsibilities, transportation problems, illness, or a disability has stayed flat at around 1 % since the BLS started asking this question in the current form in 1994, they add.

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.

In other words, for two years of economic recovery, the labor market in the U.S. has been doing only slightly better than treading water, and much of the improvement in the unemployment rate can be attributed to people dropping out of the labor force either because they've given up looking for work or because they've retired.

Small gains in the education of teachers relative to other workers may not be evidence of declining quality, however; additional years of schooling may be more valuable for teachers because, as highly skilled workers, they face higher opportunity costs of staying out of the labor force.