Labor Force Participation: Recent Developments and Future Prospects

by Federal Reserve Board

More than five years after the Great Recession ended, the labor market has, by many metrics, finally shown substantial improvement. The unemployment rate is now nearly 4 percentage points below the peak reached in late 2009, and the number of nonfarm payroll jobs has returned to pre-recession levels. However, one lingering concern is the ongoing decline in the labor force participation rate and the concomitant absence of a significant rise in the...

• Format: Paperback
• Language: English
• ISBN: 1506127541
• ISBN13: 9781506127545
• Release Date: January 2015
• Publisher: Createspace Independent Publishing Platform
• Length: 70 Pages
• Weight: 0.41 lbs.
• Dimensions: 0.1" x 8.5" x 11.0"