Chrysler assembly worker Brenda Williams checks under the hood of a 2014 Dodge Ram pickup truck for quality control at the Warren Assembly Plant in Warren, Michigan, December 11, 2013. (REUTERS/Rebecca Cook)
BPEA Paper Finds U.S. Labor Force Participation Decline Is Mostly Structural, Not Cyclical
September 5, 2014,
At the upcoming Brookings Panel on Economic Activity, September 11-12, one of the papers to be presented and that leading economists and policymakers will discuss finds that the decline in the labor force participation rate—the number of Americans either working or looking for work as a percentage of the population—is primarily due to the aging population and other structural factors, rather than cyclical weaknesses, and is expected to continue.