“A lot of focus in recent years has been on the labor force participation rate — the share of adults either with a job or looking for one — and with good reason… that being said, aging and shifting demographics have a massive impact on the LFPR. As such, it is also important to look the share of individuals that actually have a job. At the end of the day what matters, and what feels good for people is money in their pocket or bank account.”
How has the labor force participation rate (LFPR) changed in the U.S. since the year 2000, and what might that mean for both younger and older generations of workers? Read more here.
Source: U.S. EPOP by Single Age