Fed Study Shows Drop in Participation Rate Explained by Retirement; Let’s Explore that Idea, in Depth and in Pictures
December 17, 2013 0 By News DeskSpread the love
Fed Study Shows Drop in Participation Rate Explained by Retirement; Let’s Explore that Idea, in Depth and in Pictures A November Fed study on the Causes of Declines in the Labor Force Participation Rate by Shigeru Fujita at the Federal Reserve Bank of Philadelphia concludes " The decline in the participation rate in the last one-and-a-half years (when the unemployment rate declined faster than expected) is entirely due to retirement.