Job Market Monitor
Participation
The Labor Force Projections in US – A Map
From 2010 to 2030, patterns of labor force participation will change across regions of the United States. In some regions, the primary demographic effect will be changes in age structure, which will drive declines in labor force participation rates. In other regions, in-migration and changes in the racial and ethnic composition of the adult population … Continue reading
US – The unemployment rate with the labor force droputs
So what does the unemployment rate picture look like if you take into account all of the labor force droputs since the end of the recession in June of 2009? Not pretty. If you take those labor force dropouts into account, the U.S. does not have an unemployment rate of 5.5 percent. Instead, it has … Continue reading
India – Has to raise workforce participation to 80% says PwC
To avoid squandering its demographic dividend, India must make substantial reforms in its education sector and the country needs to raise workforce participation from 58 per cent to 80 per cent to be at par with China, says a report. According to global consultancy firm PwC, the nation’s education system has benefited the upper class, … Continue reading
Immigrant Women’s Labour Market Activity in Canada – The enduring influence of source-country gender-role attitudes
Previous studies have found a strong association between source-country female labour force participation rates and immigrant women’s labour force participation in the host country. This relationship is interpreted as the enduring influence of source-country gender-role attitudes on immigrant women’s labour market activity. However, the assumption that source-country female labour force participation levels closely capture cultural … Continue reading
Why U.S. Women Are Leaving Jobs Behind – NYTimes.com
As recently as 1990, the United States had one of the top employment rates in the world for women, but it has now fallen behind many European countries. After climbing for six decades, the percentage of women in the American work force peaked in 1999, at 74 percent for women between 25 and 54. It … Continue reading
Participation in Canada – 70 per cent of decline over the past year has been due to decreased female participation
Canada’s labour force participation rate — the percentage of people with a job — has been declining, and according to TD economist Brian DePratto, more than 70 per cent of that decline over the past year has been due to decreased female participation. Contrary to a popular theory, it’s not baby boomers retiring and leaving … Continue reading
Europe – Fewer people outside the labour force in 2013
This statistical article analyses the economically inactive population, i.e. the population that is neither employed nor unemployed. Since 2002 and despite the economic crisis, the share of the inactive population in the total population of working age has fallen from 31.4 % to 28.0 % in the EU-28 (see Figure 1). This corresponds to a reduction of … Continue reading
35 Years Of Unemployment Benefits In US – Extended benefits unemployment rate by about one-third percentage point in the most recent recession
During the 2008-2009 recession, U.S. unemployment insurance (UI) benefits were extended to unprecedented levels, with UI duration increasing from 26 weeks—the regular duration—to as much as 99 weeks in some states, prompting a lively debate in policy and academic circles about the adverse effects of such extensions on the search behavior of job seekers and … Continue reading
US – We should focus on the problems of real people says a Fed economist (on leave)
The U.S. job market remains far from full health despite recent progress, and requires active efforts by policy makers to help it heal, a Federal Reserve economist said Wednesday.Andrew Levin, currently on leave from the central bank while working at the International Monetary Fund, played down the idea that much of the weakness in the … Continue reading
Participation in US – Much, but not all, of the decline since 2007 is structural says FED research
Since 2007, the labor force participation rate has fallen from about 66 percent to about 63 percent. The sources of this decline have been widely debated among academics and policymakers, with some arguing that the participation rate is depressed due to weak labor demand while others argue that the decline was inevitable due to structural … Continue reading
Participation in US – Ongoing structural influences with some crowding out of job opportunities for young workers research finds
The evidence we present in this paper suggests that much of the steep decline in the labor force participation rate since 2007 owes to ongoing structural influences that are pushing down the participation rate rather than a pronounced cyclical weakness related to potential jobseekers’ discouragement about the weak state of the labor market – in … Continue reading
Participation in the US – The decline
Ageing and the workforce The largest single factor behind the decline is the ageing of the population. In order to understand how an ageing population affects overall labour force participation, it is helpful to look at the participation rates of different age groups. Figures 2 and 3 show the participation rate profiles for men and … Continue reading
US – Since the final quarter of 2007, the labor force participation rate has fallen from 65.9 percent to 62.8 percent says a White House report
Since the final quarter of 2007, the labor force participation rate has fallen from 65.9 percent to 62.8 percent in the second quarter of 2014, a decline of 3.1 percentage points. In this report, the Council of Economic Advisers estimates that this 3.1 percentage point decline can be attributed to three main sources: About half … Continue reading
Participation in US – About half of the decline is due to the aging of the population says a White House Report
Since the final quarter of 2007, the labor force participation rate has fallen from 65.9 percent to 62.8 percent in the second quarter of 2014, a decline of 3.1 percentage points. In this report, the Council of Economic Advisers estimates that this 3.1 percentage point decline can be attributed to three main sources: About half … Continue reading
US – Supply factors are driving down participation rate (demographics and increased incentives to drop out), not weak labor market demand writes BofA
[Bank of America’s analysis] contradicts the notion that a declining labor‐force participation rate reflects a weak economy because of weak labor demand. Labor demand is very strong relative to labor supply. Supply bottlenecks and wage pressures are in the early stage of picking up. That’s why businesses’ main complaint is the difficulty of finding qualified … Continue reading
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