Labor Force Nonparticipation: Trends, Causes, and Policy Solutions. Brookings Institution. Ryan Nunn, Jana Parsons, and Jay Shambaugh. October 3, 2019
Over the last two decades the U.S. labor force participation rate has fallen. While the relatively strong job market since 2014 has led to rising participation for some groups, the overall participation rate remains well below its peak even after adjusting for aging. These changes in the United States have not been mirrored around the world. In 1990, the U.S. had participation rates near the OECD average for prime-age (25–54) men, and were well above the average for prime-age women. By 2016, the U.S. male participation rate was well below the OECD average, and U.S. women were only slightly above the OECD average. [Note: contains copyrighted material].
[PDF format, 52 pages].