Preprint Article Version 1 This version is not peer-reviewed

What Moves the Labor Force Participation Rate?

Version 1 : Received: 5 October 2018 / Approved: 8 October 2018 / Online: 8 October 2018 (05:00:18 CEST)

How to cite: Bernstein, D.H. What Moves the Labor Force Participation Rate?. Preprints 2018, 2018100125 (doi: 10.20944/preprints201810.0125.v1). Bernstein, D.H. What Moves the Labor Force Participation Rate?. Preprints 2018, 2018100125 (doi: 10.20944/preprints201810.0125.v1).

Abstract

The seasonally adjusted civilian labor force participation rate, the sum of employed and unemployed persons as a percentage of the civilian non-institutional population, is analysed in the general to specific modelling framework with a saturating set of step indicators from January 1977 through June 2018. The results indicate that, ceteris paribus, the rise in the ratio of women to men in the labor force in addition to positive demographic movements can largely account for the rise in the labor force participation rate up to January 2000. Subsequently, the aging population helps to explain the decline. Recessions play a transitory role.

Subject Areas

labor force participation rate; general to specific modelling; step indicator saturation

Comments (0)

We encourage comments and feedback from a broad range of readers. See criteria for comments and our diversity statement.

Leave a public comment
Send a private comment to the author(s)
Views 0
Downloads 0
Comments 0
Metrics 0


×
Alerts
Notify me about updates to this article or when a peer-reviewed version is published.