Labor Shortage

Analysis: Participation Rate Data Largely Skewed by Teens

Much attention has been given to record-low participation rates in the wake of the Great Recession. The latest data indicate that only 62.5 percent of non-institutionalized working age adults are employed or actively seeking employment. The remaining 37.5 percent, so the story goes, is so frustrated with the lack of opportunities that this group has simply dropped out of the labor market.

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