Participation and the Hot Labor Market

Summary

Introduction

A recent FRBSF analysis suggests all of the participation rise stemmed from lower labor force exit.

The distinction between unemployment and nonparticipation is often inconsistent within the CPS.

..and also, finally, with a synthetic labor force measure.

Conclusions: Putting it All Together

End Notes

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store