4 ms·
The only statistics which needs to be looked at is here: Bureau of Labor Statistics: Civilian labor force participation rate https://data.bls.gov/timeseries/L
by jazzyk 7y ago
The only statistics which needs to be looked at is here:
Bureau of Labor Statistics: Civilian labor force participation rate
https://data.bls.gov/timeseries/LNS11300000 https://data.bls.gov/timeseries/LNS11300000
Let the data speak for itself.
- larkost 7y agoA complicating factor not addressed in that graph is the aging of the U.S. population. I don't have great numbers immediately available, but it looks like over that same period of 10 years the population over 65 has grown from about 40million to 50 million. Those people are still considered in that graph as not participating.
- jazzyk 7y agoNope - the statistics only covers working age (18-67)
- cabaalis 7y agoI wouldn't think it's the only statistic that needs to be looked at. If it does any "speaking for itself" then it's raising its own question: "Why is that number declining over the past few decades?" That requires additional data to answer.