“Tyler Cowen and Scott Sumner are debating over the significance of the sharp decline in the employment ratio (which looks at what percentage of the working-age population is employed, and is a different indicator from the labor force which considers the percentage of those actively seeking employment). Although someone brought it up in his comments, Scott didn’t deal with what is clearly one of the huge drivers of the total ratio over the last 50 years: women entering the work force. When you decompose it by sex (red=women, green=men, blue=total), it sure does look like the economy is broken.”
http://consultingbyrpm.com/blog/2013/08/employment-ratios-total-men-and-women.html
Related posts:
America’s Foster Care System: Test Lab For Big Pharma, Cash Cow For Caretakers?
Excessive Criminal Laws Trap Honest American Businessman
NYPD to Launch Future Crime Unit
How to buy EU citizenship
Thieves dig 50-foot tunnel to steal money from a grocery store ATM
State Weighs Moving Inmates to Private Prisons, Or Buying a Prison
Central Bank of Jordan Blocks Financial Companies from Bitcoin
Dirty Jobs' Mike Rowe on the High Cost of College (Full Interview)
'Portals' Opens New Channel Between U.S. and Iran
Ben Swann Full Disclosure: What the Media Isn't Telling You About War In Syria
Two women sue Texas Troopers for illegal roadside cavity search
Tennessee Republican tells girl her father has to be deported as tea party crowd cheers
16-Year-Old Questioned by FBI Over You Tube Video
U.S. Officially Honors Its Torturers and War Criminals, After Shielding Them
Health Care Non-Insurance