Will a Surge in Labor Force Participation Impede Unemployment Rate Improvement?
Federal Reserve Bank of Richmond – Will a Surge in Labor Force Participation Impede Unemployment Rate Improvement? by Andreas Hornstein, Karl Rhodes “The labor force participation rate has been falling since 2000, a trend that accelerated somewhat during the recession of 2007-09. Some economists and journalists have questioned whether recent improvements in the labor market will cause non-participants …