March 9, 2018
The prime age (ages 25–54) EPOP rose last month 0.3 percentage points to 79.3 percent, a new high for the recovery. It rose 0.5 percentage points for men and 0.2 percentage points for women. The EPOP for prime-age men now stands 1.2 percentage points above its year-ago level, while the rate for women is 0.7 percentage points above its year-ago level; although both figures are still below their pre-recession level and well below peaks hit in 2000. This is consistent with the view that there are still many workers who are outside the workforce but will return in response to a strong labor market. For more, check out the latest Jobs Byte.