4 ms·
I would expect labor force participation rate to go down as your society gets wealthier. More education and more retirement.
by dantheman 3y ago
I would expect labor force participation rate to go down as your society gets wealthier. More education and more retirement.
- atmavatar 3y agoUnfortunately, in the US, the rate has been trending upwards in the retirement age bracket for the last 20 years. https://www.bls.gov/emp/tables/civilian-labor-force-participation-rate.htm https://www.bls.gov/emp/tables/civilian-labor-force-particip...