Federal Reserve Bank of San Francisco
FRBSF Economic Letter
Labor force participation and the future path of unemployment
Although the labor market has slowly begun to recover, unemployment remains stubbornly high. The pace at which unemployment comes down over the next two years depends in part on the cyclical recovery of labor force participation and the extent to which that offsets or adds to ongoing structural changes in labor force behavior related to increased school enrollment, access to disability benefits, and movement of baby boomers into retirement.
Cite this item
Joyce Kwok & Mary C. Daly & Bart Hobijn, "Labor force participation and the future path of unemployment"
, Federal Reserve Bank of San Francisco, FRBSF Economic Letter, number 27, 2010.
Keywords: Labor market ; Unemployment
This item with handle RePEc:fip:fedfel:y:2010:i:sep13:n:2010-27
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