Grasping the relationships among the unemployment rate, the labor force participation rate, and other variables can present head-scratching challenges to economists and non-economists alike. A new macroblog post presents a microcosm of the dynamics to paint a clearer picture.
Related posts:
- Labor force nonparticipants: So what are they doing?
- Will labor force participation continue to rise?
- The Decline in Unemployment: Any Silver Lining?
Original Post: http://macroblog.typepad.com/macroblog/2012/10/maybe-not-so-simple-arithmetic-of-unemployment-labor-force-participation.html
