No. of Recommendations: 12
Dope1:
Erm, how come the labor force participation rate went down?
Asking for a friend.Umm, the total participation rate went from 62.5% in Feb to 62.7% in March.
For Men 16 and older, the participation rate went from 67.7% in Feb to 68% in March.
For Men 20 and older, the participation rate went from 70.0% in Feb to 70.2% in March.
For Women 16 and older, the participation rate stayed flat at 57.6%.
For Women 20 and older, the participation rate went from 59% in Feb to 58.9% in March.
For both sexes, 16 to 19 years, the participation rate went from 36.6 in Feb. to 38.2% in March.
The employment-population ratios followed the same trends.
Tell your friend, s/he's an idiot.
U.S. Bureau of Labor Statistics: Table A-1. Employment status of the civilian population by sex and age 