The employment population ratio declined to 58.7 percent in November, down from 58.8 in October.
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In The Wall Street Journal on Aug. 10 American Enterprise Institute Vice-President and Director for the National Research Initiative Henry Olsen examined the complete revelations provided by the civilian-employment population ratio.
While the unemployment rate remains steady at 9.5%, the employment-population ratio continues to fall each month.
The employment-population ratio, at 58.5% , changed little, the Bureau of Labor Statistics said today.
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However, from an employment-population ratio perspective, this downturn began in April 1990 and lasted 31 months.
In the mid-1980s, the employment-population ratio recovered less than two years after hitting bottom.
Based upon the employment-population ratio, more than two-thirds of the 120 months comprising this decade were spent in recession.
However, the employment-population ratio reached its most recent peak of 63.4% in December 2006, and then began to decline.
In 2007, before the financial crisis of 2008 and the ensuing recession, the employment-population ratio had fallen to 63%.
By November 2004, the employment-population ratio had improved to 62.5% from its low point of 62.0%, and total employment had increased by 2.6 million.
Their average duration as judged by the employment-population ratio has been 41.7 months, which is 268% longer than the 11.3-month average reported by the NBER.
The employment to population ratio, for men and women, has been higher in Great Britain than in the U.S. since 2002 and the gap is widening.
The employment to population ratio of men age 16 to 64 fell by 10.3 percentage points between 1979 and 1983 (compared to 5.1 percentage points in the U.S.).
By 1990 the employment to population ratio for adult men had regained about half of the losses incurred during the recession and the unemployment rate had fallen to 7.1%.
There is only one instance since World War II of the U.S economy increasing the employment-population ratio by five percentage points in a decade: the recovery that followed Ronald Reagan's tax cuts in 1983.
Even though the employment age population has increased by nearly 12 million since January, 2008, there are now 3 million fewer Americans working, with employment declining from 146.3 million in January, 2008 to 143.3 million in December, 2012.
Since then, the working population has aged, so the employment-to-population ratio will be persistently lower even in good times.
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Since 2008 employment relative to population has declined twice as much in the U.S. as in Britain.
Over at Economics One, Stanford economics professor John Taylor offers a more positive take, defending the goal and offering a recipe for achieving it: 1% from population growth, 1% from employment growing faster than the population, and 2.7% from productivity growth.
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Taylor uses a very optimistic assumption about how much employment growth can exceed population growth.
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There is this "other" economy with high unemployment and a very low and still-declining employment-to-population ratio.
Worse, the employment-to-population ratio among this group is only 54%, as compared with 62% in the general population.
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The employment-to-population ratio for people aged 20 to 24 has fallen to 60.1% from 67.1% over the past three years.
To get to a civilian employment-to-population ratio equal to that in 2000, we would have to gain some 18 million jobs.
He gave me tremendous insight to the employment challenges for the population he was serving and had a vision that I wanted to see come alive.
People generally complain about power plants being built in their locality even though power is needed for running industries, producing goods and providing employment for the multiplying population.
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The unemployment rate has dropped more than 40% of the way back to its pre-recession level, but the employment-to-population ratio is closer to its trough than its pre-recession peak.
The unemployment rate in sand states remains higher than in the country as a whole (10.7% vs. 8% according to Goldman), while the employment-to-population ratio is lower (55.8% vs. 59.3%).
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One bright spot in the Labor Department jobs release, at least, was the slight rise in both the labor force participation rate and employment-to-population ratio, the first increases since February.
The employment-to-population ratio (EPOP) was unchanged at 58.6 percent, exactly the same as the rate in February of 2012 and just 0.4 percentage points above the low hit in the summer of 2011.
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