Less Labor-force

While 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.