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Men's prime-aged labor force participation has been falling consistently since at least the 1960s. It ranged between 93% and 95% during the 1980s, fell to around 90% during the 2000s and was 88.5% in October 2017. [43] Women's prime-aged labor force participation rose consistently from at least the early 1960s, reaching a peak of 77.2% in ...
Economist Alan Krueger estimated in 2017 that "the increase in opioid prescriptions from 1999 to 2015 could account for about 20 percent of the observed decline in men's labor force participation during that same period, and 25 percent of the observed decline in women's labor force participation." An estimated 2 million men in the age 25-54 age ...
Labor Department data shows workforce participation returning to early 2020-levels, and women are at the forefront of the recovery. Labor force participation is back to pre-pandemic levels Skip to ...
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
The prime-age labor force participation rate stood at 83.3% in April, the highest since March 2008. This increase also pushed prime age participation above the Trump-era high of 83.1% seen in Jan ...
Men Without Work: America's Invisible Crisis is a 2016 book by the American political economist Nicholas Eberstadt discussing the phenomenon of American men in their prime leaving the workforce. Statistically, the labor force involvement for men twenty and older fell from 86% to 68% between 1948 and 2015. [1]
The labor force participation rate for women in their prime working years (ages 24-54) hit a record high of 78.1% in May, according to the Bureau of Labor Statistics, a percentage point higher ...
Beveridge curve of vacancy rate and unemployment rate data from the United States Bureau of Labor Statistics. A Beveridge curve, or UV curve, is a graphical representation of the relationship between unemployment and the job vacancy rate, the number of unfilled jobs expressed as a proportion of the labour force.