by Calculated Risk on 8/09/2023 04:06:00 PM
Wednesday, August 09, 2023
Oops. Wrong Graph Last Friday for 25- to 54-Years-Old Participation Rate
Last Friday I posted the incorrect chart for the 25 to 54 employment-population ratio and participation rate (ht Kevin). Here is the correct graph.
Prime (25 to 54 Years Old) Participation
Since the overall participation rate is impacted by both cyclical (recession) and demographic (aging population, younger people staying in school) reasons, here is the employment-population ratio for the key working age group: 25 to 54 years old.
The 25 to 54 participation rate decreased in July to 83.4% from 83.5% in June, and the 25 to 54 employment population ratio was unchanged at 80.9% from 80.9% the previous month.
Both are above the pre-pandemic levels and suggest all of the prime age workers have returned to the labor force.
Last 10 Posts
- Mar 15 at 2:11 PM Real Estate Newsletter Articles this Week:
- Mar 15 at 8:11 AM Schedule for Week of March 16, 2025
- Mar 14 at 7:15 PM March 14th COVID Update: COVID Deaths Declining
- Mar 14 at 11:36 AM Q1 GDP Tracking: Wide Range
- Mar 14 at 8:28 AM Q4 Update: Delinquencies, Foreclosures and REO
- Mar 13 at 7:41 PM Realtor.com Reports Active Inventory Up 27.8% YoY
- Mar 13 at 3:55 PM Hotels: Occupancy Rate Decreased 1.4% Year-over-year
- Mar 13 at 12:55 PM The "Home ATM" Mostly Closed in Q4
- Mar 13 at 12:00 PM Fed's Flow of Funds: Household Net Worth Increased $0.2 Trillion in Q4
- Mar 13 at 10:18 AM CoreLogic: 1.1 million Homeowners with Negative Equity in Q4 2024
In Memoriam: Doris "Tanta" Dungey
Archive
Econbrowser
Pettis: China Financial Markets
NY Times Upshot
The Big Picture
Privacy Policy |
Copyright © 2007 - 2023 CR4RE LLC |