Sentences with phrase «rate of the labor force»

Despite that hurdle, The Bureau of Labor Statistics projects that those ages 65 and over will experience the fastest rates of labor force growth by 2024.

For this reason, economists prefer to rely on the participation rate of the labor force, measuring the percentage of the population that's either working or actively looking for a job.

The US has an extremely low rate of labor force participation, because there are no jobs to be had, and discouraged workers who can not find jobs are not measured in the unemployment rate.

The subpar growth reflects weak productivity growth, which has averaged less than 1 % over the past five years, and a low rate of labor force participation that remains at levels last seen in the 1970s.

Not exact matches

Sure, the unemployment rate has declined significantly since the recovery began, but much of that is due to the falling labor - force participation rate.

«We offer new analyses in this working paper of the impact of changes in the US labor force participation rate (LFPR).

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.

Japan «s unemployment rate has been falling partly due to its shrinking labor force and a shortage of workers in construction, healthcare and hospitality.

The nation added 217,000 jobs in May to reach the milestone, though the unemployment rate remained unchanged last month at 6.3 % and U.S. employment still needs to catch up with the growth of the population and labor force that has occurred since the recession began.

As a result, the labor force participation rate, which measures the percentage of Americans who are working or looking for work, fell to 62.8 % — the lowest level since 1978.

The unemployment rate fell to 6.7 percent, from 7 percent, but that was less about job creation than about people, fed up or unsuccessful in their job searches, dropping out of the labor force.

The labor force participation rate, or the share of working - age Americans who are employed or at least looking for a job, was steady at 62.8 percent.

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.

The labor force participation rate, which is the percentage of people 16 and older who are part of the labor force, has been trending down for nearly twenty years:

The labor force participation rate is the percentage of Americans over the age of 16 that are either working or looking for work.

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.

In a separate report released yesterday, the Congressional Budget Office (CBO) projected that the labor force participation rate would decline from 62.9 % in the fourth quarter of 2013 to 60.8 % by 2024.

This data shouldn't change the Fed's interest - rate strategy, as a rising labor force participation rate will put a lid on inflation regardless of how it's done, but it should lower our confidence that the Fed can solve the problem of a bifurcated workforce, in which a large chunk of workers are getting left behind, simply through interest rate policy.

One reason the Federal Reserve Chair has used to justify keeping interest rates barely above zero is the fact that the labor force participation rate — or the share of Americans over 16 who are in the labor force — has risen over the past year.

But as Neil Dutta, Chief Economist with Renaissance Macro Research points out, if you look at the actual flow data showing the number of people each month entering and exiting the labor force, the rate at which workers are entering the labor force is actually lower today than at any point over the last two years.

Minnesota also has the 15th lowest business - tax rate in the nation, along with a highly - educated labor force of 1.6 million people, making it a worthwhile option for any entrepreneur.

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 availability of qualified workers will undoubtedly moderate actual job growth, even if the labor force participation rate picks up again.

TrimTabs» view is that the economy needs to create a minimum of 150,000 jobs per month to absorb all the new people entering the labor force, so its June numbers suggest the U.S. is adding jobs at just half that rate.

Then... this is the best part... he made it clear that a 6.5 percent unemployment rate would not necessarily be the threshold for raising rates, then went on a long discussion of the conditions under which he would NOT raise rates, including if the unemployment rate dropped mostly due to cyclical declines in the labor force participation rate rather than gains in unemployment, as well as persistently low inflation.

FYI, the steady unemployment rate was not a function of either higher labor participation (steady at 62.7 percent) or a big gain to the Labor Force (up labor participation (steady at 62.7 percent) or a big gain to the Labor Force (up Labor Force (up 64K).

So we have a disturbing picture of mass layoffs combined with plunging help wanted advertising, but the effect on the monthly unemployment rate and weekly unemployment claims is masked by attrition of workers from the labor force.

-- In one of the indicators I'm watching most closely, the labor force participation rate has ticked up slightly over the past couple of months.

Lower unemployment rate driven by massive increases in percent of population not in the labor force.

True, our unemployment rate is biased down due to the weak performance of labor force participation and still - elevated underemployment, but as I've extensively documented, the US job market has been tightening up for awhile, driven by solid employment growth, now averaging around 200,000 / month.

Given the terrible plunge in Help Wanted advertising and the likelihood of smaller movement out of the labor force, my expectation is that the unemployment rate will jump from the current 4.5 % to somewhere between 4.8 % and 5 %.

The labor force participation rate (the number of people employed and unemployment as a percentage of the population) and the employment rate (the ratio of persons 15 and older working to the population 15 and older) are both below their 2001 and 2008 levels.

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.

The underemployment rate, which includes 5.2 million involuntary part - time workers who'd rather be full - timers, fell to a cyclical low of 8.4 percent, though this too reflects May's labor force exits.

The unemployment rate fell to 4.3 percent, its lowest level since 2001, but for the wrong reason: labor force participation fell by two - tenths of a percent.

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.»

As of November 2016, U.S. civilian employment stood at 152.1 million jobs, with a civilian labor force of 159.5 million people, resulting in a 4.6 % unemployment rate.

Since the 1940's, the 8 - year growth rate of U.S. labor force productivity has rarely exceeded 3 %, and the recent trend has been progressively lower.

At a 4.1 % unemployment rate and labor force growth now down to about 0.5 %, the baseline expectation for real GDP growth in the coming years is approaching just 1 % (0.5 % labor force growth plus productivity growth of about 0.5 % annually).

Unemployment, Marginal Attachment and Labor Force Participation in Canada and the United States Stephen Jones, McMaster University Craig Riddell, University of British Columbia Jones and Riddell build on two previous papers: one by David Card and Riddell (originally published in Small Differences that Matter) that studies the reasons for higher rates of unemployment in Canada than the U.S. in the 1980s, the other by Jones and Riddell which uses data from the U.S. Labor Force Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor fLabor Force Participation in Canada and the United States Stephen Jones, McMaster University Craig Riddell, University of British Columbia Jones and Riddell build on two previous papers: one by David Card and Riddell (originally published in Small Differences that Matter) that studies the reasons for higher rates of unemployment in Canada than the U.S. in the 1980s, the other by Jones and Riddell which uses data from the U.S. Labor Force Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor fForce Participation in Canada and the United States Stephen Jones, McMaster University Craig Riddell, University of British Columbia Jones and Riddell build on two previous papers: one by David Card and Riddell (originally published in Small Differences that Matter) that studies the reasons for higher rates of unemployment in Canada than the U.S. in the 1980s, the other by Jones and Riddell which uses data from the U.S. Labor Force Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor fLabor Force Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor fForce Survey to study the differences in rates of job creation for people who are counted as unemployed versus those who are counted as out of the labor flabor forceforce.

They also extend the analysis in the earlier Jones and Riddell paper to incorporate data from Canada, and compare differences in the rates of job creation for people who were counted as unemployed versus out of the labor force in the two countries.

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.

Productivity gains have been weak, the participation rate (meaning the percentage of the labor force in employment) declined to 62.6 % in June — the lowest level since 1977 — and hourly wage growth was flat in the same month.

People with disabilities demonstrate the same passion, independence and self - direction as all Americans, and given certain characteristics — including being on average older and less educated — it is not surprising that the rate of self - employment for people with disabilities in the labor force in 2011 was about 50 percent higher than the corresponding rate for people without disabilities -LSB-...]

The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force.

The labor force participation rate, the number of people working or actively looking for work, has fallen since the Great Recession and has stagnated near 63 percent for the last four years, according to the U.S. Bureau of Labor Statislabor force participation rate, the number of people working or actively looking for work, has fallen since the Great Recession and has stagnated near 63 percent for the last four years, according to the U.S. Bureau of Labor StatisLabor Statistics.

Underemployment Rate — A measure of employment and labor utilization in the economy that looks at how well the labor force is being utilized in terms of skills, experience and availability to work.

A large portion of the improvement can be attributed to a decline in the labor force participation rate, which is at close to a 40 - year low.

Because the decline is being driven by unusual labor - force flows — aging workers retiring, the lure of government disability payments, discouraged workers and other factors — the jobless rate is a perplexing indicator of job - market slack and vigor.

The unemployment rate continued to fall in April, reaching another post-financial crisis low of 4.4 %, although this was partly offset by a marginal decline in the labor force participation rate.