3 ms·
Not really a surprise when looking at the US male labor force participation rate from 1990 to 2021: https://www.statista.com/statistics/191725/us-male-civilian
by z7 4y ago
Not really a surprise when looking at the US male labor force participation rate from 1990 to 2021:
https://www.statista.com/statistics/191725/us-male-civilian-labor-force-participation-rate-since-1990/ https://www.statista.com/statistics/191725/us-male-civilian-...
1990: 76.4%
2021: 67.6%
- epakai 4y agoJust in the last decade 4% more of the population has reached retirement age. Wouldn't be surprised if it makes up the bulk of the participation change since 1990. https://www.kff.org/other/state-indicator/distribution-by-age/?activeTab=graph¤tTimeframe=0&startTimeframe=11&selectedDistributions=65&print=true&selectedRows=%7B%22wrapups%22:%7B%22united-states%22:%7B%7D%7D%7D&sortModel=%7B%22colId%22:%22Location%22,%22sort%22:%22asc%22%7D https://www.kff.org/other/state-indicator/distribution-by-ag...
- ckw 4y agoThis is lfp for everyone 25-54. The key point is more like 2000, when female lfp peaks. I’d argue it’s been in secular decline since, though the severity of the decline is temporarily understated, because we are at a cyclical peak. https://fred.stlouisfed.org/series/LNS11300060 https://fred.stlouisfed.org/series/LNS11300060
- jraby3 4y agoThis discounts how many women are the main income providers today vs 30 years ago.
- astrange 4y agoIt's mostly because the population is older now. Prime age employment (25-54) in the US is quite healthy right now though.