4 ms·
https://data.bls.gov/timeseries/LNS11300000 https://data.bls.gov/timeseries/LNS11300000 There's this. This doesn't exactly back up the claim - there are a lot
by Kalium 8y ago
https://data.bls.gov/timeseries/LNS11300000 https://data.bls.gov/timeseries/LNS11300000
There's this. This doesn't exactly back up the claim - there are a lot of reasons people might not be participating.
- HarryHirsch 8y agoEspecially this: https://fred.stlouisfed.org/series/LNU01300060 https://fred.stlouisfed.org/series/LNU01300060 25-54 year Labor Paticipation Rate is those that you'd expect to be working but aren't.
- JumpCrisscross 8y agoThe difference between the 25-54 and civilian participation rates are largely attributable to retiring boomers. Participation rates depend heavily on demographics. They matter for things like dependency ratios. But quoting them without the context of a large generation retiring and increasing time spent getting educated hides the full picture. That said, the 3 percentage point drop in 25-54 participation is largely attributable to the opioid crisis—that’s a disturbing start to a trend.