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Follow us Bound says declines in low-skill jobs driving losses in men's labor force participation rates
a PSC In The News reference
"More job seekers give up, reducing unemployment" - Associated Press. 06/02/2011.
Although the U.S. economy is growing and adding jobs, the labor force — comprised of both those who have jobs and those looking for work — is getting smaller. Economists think some of the missing workers have given up looking for jobs. John Bound posits that the long-term decline in men's labor force participation is tied to decreasing demand for low-skill jobs, especially in manufacturing.
PSC Profile:
John Bound