US labour force participation driven by fewer outflows – San Fran Fed researcher
Hot economy could be making workers less likely to leave labour force, Regis Barnichon says
The recent increase in US labour force participation is due to fewer workers leaving the market, rather than new workers entering the market, a researcher from the Federal Reserve Bank of San Francisco finds.
In an economic letter, Regis Barnichon uses Current Population Survey data to measure the flows of workers aged 25 to 55 in and out the labour force from 1976 to 2018.
The slowdown in outflows was the predominant force behind the increase in labour force participation in the last four
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com