December Unemployment Rate
The December unemployment rate was released this morning. The measured rate dropped to 8.5%. As always, a good part of this drop was caused by the ongoing decline of the number of workers in the...
View ArticleJanuary Unemployment
U.S. Labor Force Participation Rate The January unemployment rate was released this morning. Let’s get one thing out of the way right now. Last month I forecast 8.7% for January. The actual was...
View ArticleThe Labor Force Participation Rate (LFPR): A Closer Look
In this post I’ll take a closer look at the labor force participation rate (LFPR). Specifically, I will show that the Great Recession has had dreadful consequences for younger workers. The U.S. is...
View ArticleRounding the Unemployment Rate
President Obama’s chief economic adviser Alan Krueger has gained a certain bit of infamy for rounding the unemployment rate: ”More precisely, the rate rose from 8.217% in June to 8.254% in...
View ArticleUpdate on the Labor Force Participation Rate
This article is an update on the labor force participation rate (LFPR), adding information through November, 2012. In July I posted a long article about the LFPR. If anything, the situation has gotten...
View ArticleWhere the Vanishing Students Are Going
Today’s New York Times carries a story about declining college enrollments. The article asks where the vanishing students are going. College enrollment fell by 2 percent in 2012-2013 compared to...
View ArticleYet Another Labor Force Participation Rate Error
Zanny Minton Beddoes (source: Economist.com) and that’s been one of the really striking things about the U.S. economy in the past few years is that you’ve seen this very big decline in the share of the...
View ArticleA Labor Force Participation Rate Update
It’s been almost three years since I published my review of the labor force participation rate (LFPR) broken down by age group. This is a labor force participation rate update. Click here to download...
View ArticleApril 2020 Labor Force Events
The April unemployment rate was 14.7%. This was considerably lower than many forecasts. With all due modesty I predicted 16% so I’m counting this as a win. Here’s a quick look at April 2020 labor...
View ArticleDecember Unemployment Rate
The December unemployment rate was released this morning. The measured rate dropped to 8.5%. As always, a good part of this drop was caused by the ongoing decline of the number of workers in the...
View ArticleJanuary Unemployment
U.S. Labor Force Participation Rate The January unemployment rate was released this morning. Let’s get one thing out of the way right now. Last month I forecast 8.7% for January. The actual was...
View ArticleThe Labor Force Participation Rate (LFPR): A Closer Look
In this post I’ll take a closer look at the labor force participation rate (LFPR). Specifically, I will show that the Great Recession has had dreadful consequences for younger workers. The U.S. is...
View ArticleRounding the Unemployment Rate
President Obama’s chief economic adviser Alan Krueger has gained a certain bit of infamy for rounding the unemployment rate: “More precisely, the rate rose from 8.217% in June to 8.254% in...
View ArticleUpdate on the Labor Force Participation Rate
This article is an update on the labor force participation rate (LFPR), adding information through November, 2012. In July I posted a long article about the LFPR. If anything, the situation has gotten...
View ArticleWhere the Vanishing Students Are Going
Today’s New York Times carries a story about declining college enrollments. The article asks where the vanishing students are going. College enrollment fell by 2 percent in 2012-2013 compared to...
View ArticleYet Another Labor Force Participation Rate Error
Zanny Minton Beddoes (source: Economist.com) and that’s been one of the really striking things about the U.S. economy in the past few years is that you’ve seen this very big decline in the share of the...
View ArticleA Labor Force Participation Rate Update
It’s been almost three years since I published my review of the labor force participation rate (LFPR) broken down by age group. This is a labor force participation rate update. Click here to download...
View ArticleApril 2020 Labor Force Events
The April unemployment rate was 14.7%. This was considerably lower than many forecasts. With all due modesty I predicted 16% so I’m counting this as a win. Here’s a quick look at April 2020 labor...
View Article
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