Jun
22

Less Labor-force

lfpr_1While the labor force participation rate has been declining, the declines are in households in the bottom third of the income distribution. The LFPR for men in the top two-thirds has been flat since 1980 while it’s fallen from 80% to 70% for men in the bottom third. The LFRP for the top two-thirds of women has risen from 68% to 81% but remained at 50% for the bottom third.

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