Sentences with phrase «overall labor force participation rate»
The decline in the employment - to - population ratio for 25 to 54 year olds has been offset to some degree by rising employment rates for those 55 and older, helping to close the jobs gap.1 Since November 2007, the overall labor force participation rate has fallen from 66.0 percent to 62.9 percent.
http://www.hamiltonproject.org/
During the 2014 - 24 period, the growth of the labor force will be due entirely to population growth, as the overall labor force participation rate is expected to decrease even further by 2024.»
They broke the adult US population up into 13 different age groups, and then projected what the overall labor force participation rate would have been if each of those age groups had the same participation rates that they did in December 2007, right before the start of the recession.
Not exact matches
The labor force participation rate is another important place to look in this regard, but it is a) a very noisy monthly indicator, and b) the overall rate is down in part due to retirement of aging boomers.
But as Bernanke noted: «Despite this improvement, the job market remains weak overall: The unemployment rate is still well above its longer - run normal level, rates of long - term unemployment are historically high, and the labor force participation rate has continued to move down.