The US unemployment numbers are terrible but ever more telling is the employment to population ratio which has fallen to historic low of 51.3%. https://www.ft.com/content/e2833ccb-b9ae-48dc-9c0a-a58b7182d8d3 …pic.twitter.com/I6btL9LQg8
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True, but our population is aging
Limiting to 25-54 year olds is better, but today’s rate is similar to when most married women didn’t work.pic.twitter.com/RpwGezSQLp
No, EPOP is misleading in that case because of our aging population. EPOP for 25 to 54 year olds had actually passed 2007 levels, but was still below 2000 levels
Ah, that makes sense.
this is full population and not prime-age. if you look at prime age, we caught up to the pre-2008 peak last October. https://fred.stlouisfed.org/series/LNS12300060 …
But if you separate into M and F participation rates it looks different again.
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