3 ms·
The employment to population ratio is 79.7% for people 25-54. That has only been exceeded for less than 10 years in history. The only time it has ever been exce
by TheCoelacanth 8y ago
The employment to population ratio is 79.7% for people 25-54. That has only been exceeded for less than 10 years in history. The only time it has ever been exceeded by more than a point was June 1997-May 2001 during the dot-com bubble.
- Spooky23 8y agoFor some demographic groups, labor force participation is significantly lower. This is what I’m referring to. Unemployment only factors in labor force participants. Data: https://www.bls.gov/emp/tables/civilian-labor-force-participation-rate.htm https://www.bls.gov/emp/tables/civilian-labor-force-particip...
- TheCoelacanth 8y agoEmployment to population ratio does not exclude anyone. It is the number of people divided by the number of people who are employed. It is also not 2016 anymore. The prime-age labor force participation rate has risen about a point since then. Labor force participation rate is also not a measure of employment. It is the number of people who are employed plus the number of people who are actively looking for employment but who aren't employed. If you want strictly what portion of the population is currently working, that is employment to population ratio, which is what I posted.
- Spooky23 8y agoThat ratio varies significantly for African Americans, rural whites and African Americans and Hispanic women.