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Diane Publishing Books
Labor Force Participation Rate since 2007: Causes and Policy Implications
Barack Obama (ed)
In 2008, the U.S. economy collided with two historic forces. The first was the Great Recession, the most severe economic crisis in a generation. The second force is the demographic inflection point stemming from the retirement of the baby boomers, which will have a profound influence on the economy for years to come. This report analyzes the evolution of the labor force participation rate since late 2007 and attempts to quantify the effects of the various forces that affect it. The report also discusses the labor force participation rates for different groups, discusses potential future scenarios for the participation rate, and lays out policies that would help to boost participation in the years to come. Tables and figures. This is a print on demand report.
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