Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

progree

(12,103 posts)
1. labor force participation rate has fallen from high point of about 67.3% in 2000 to 62.4% now
Sat Feb 18, 2023, 10:30 PM
Feb 2023

Nationally, the labor force participation rate has been dwindling from a high point of about 67.3% in 2000 to 62.4% now (BLS's January report). (It was also 62.4% in March, so there hasn't been any progress in the past 10 months).

Labor force participation rate: http://data.bls.gov/timeseries/LNS11300000

Labor force in thousands: http://data.bls.gov/timeseries/LNS11000000



The labor force = employed + officially unemployed as per the BLS's monthly Household Survey

The officially unemployed are jobless people who have looked for work in the past 4 weeks (must be more than just looking at job listings). That's why they are counted as part of the labor force: either employed or actively looking for work. BTW, the officially unemployed is not a count of people claiming unemployment insurance, it has nothing to do with that (a common myth unfortunately).

How the Government Measures Unemployment http://www.bls.gov/cps/cps_htgm.htm

# Labor Force Particpation Rate (age 16+) by gender
ALL: http://data.bls.gov/timeseries/LNS11300000
Men: http://data.bls.gov/timeseries/LNS11300001
Women: http://data.bls.gov/timeseries/LNS11300002

# Labor Force Particpation Rate (prime age 25-54) by gender
All: http://data.bls.gov/timeseries/LNS11300060
Men: http://data.bls.gov/timeseries/LNS11300061
Women: http://data.bls.gov/timeseries/LNS11300062

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Alliance Forums»Women's Rights & Issues»The Childcare Crisis Is C...»Reply #1