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If you look at Employment Population Ratio: 25 - 54 years (https://fred.stlouisfed.org/series/LNS12300060#0 https://fred.stlouisfed.org/series/LNS12300060#0) we
by bradleyjg 9y ago
If you look at Employment Population Ratio: 25 - 54 years (https://fred.stlouisfed.org/series/LNS12300060#0 https://fred.stlouisfed.org/series/LNS12300060#0) we are below where we were for most of the 90s on that as well.
However the larger question is why we would necessarily want this ratio to be as high as possible. If we, for example, have a higher percentage of stay at home parents today then we had in the 90s is that a bad thing?