January 05, 2018
January 5, 2018
The employment-to-population ratios of varying demographic groups have not followed a predictable pattern since 2000. In the last recovery, women in the 25-to-34 age group showed the sharpest falloff in EPOPs. At present, they one of the groups closest to recovering their 2000 EPOP. While men in the 25 to 34 grouping now show the sharpest falloff in EPOPs among prime-age workers, their EPOPs pretty much moved with the EPOPs for other prime-age workers in the last recovery. This suggests caution in assuming that changes in these EPOPs are due to supply-side issues as opposed to the strength of the labor market. For more, check out the latest Jobs Byte.