US Demography: Not in Labor Force

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1 US Demography: Not in Labor Force August 3, Dr. Edward Yardeni Debbie Johnson Please visit our sites at www. blog. thinking outside the box

2 Table Of Contents Table Of Contents Labor Force & Populaton 1 Labor Force Participation Rate 2 Not in Labor Force 3-4 Males vs Females Working Age Population by Age Group Not In Labor Force by Age Group 7 Not In Labor Force by Education Level NILF/WAP 9 NILF/WAP Education Not In Labor Force by Age Group 11- August 3, / Not in Labor Force www.

3 Figure 1. LABOR FORCE & WORKING-AGE POPULATION (millions, sa, ratio scale) Civilian Noninstitutional Population (7.) Labor Force (2.2) Not in Labor Force (9.) Labor Force & Populaton Figure 2. NOT IN LABOR FORCE (millions, sa, ratio scale) Page 1 / August 3, / Not in Labor Force www.

4 Figure 3. Labor Force Participation Rate CIVILIAN LABOR FORCE PARTICIPATION RATE* (percent) 4 2 Total (2.9) * Labor force as percent of working-age population. Source: US Department of Labor, Bureau of Labor Statistics. 44 Figure 4. CIVILIAN LABOR FORCE NON-PARTICIPATION RATE* (not in the labor force as percent of civilian noninstitutional working-age population) * Working-age population data are not seasonally adjusted. Source: US Department of Labor, Bureau of Labor Statistics. Page 2 / August 3, / Not in Labor Force www.

5 Not in Labor Force 0 Figure. NOT IN LABOR FORCE* (millions, nsa) 0 0 Not In Labor Force Total (9.) 0-4 Year Olds (4.3) -24 Year Olds (.9) Years & Older (41.3) * Working-age population data are not seasonally adjusted. Figure. NOT IN LABOR FORCE* (millions, nsa) Not In Labor Force: Males Total -4 Year Olds Years & Older * Working-age population data are not seasonally adjusted. Page 3 / August 3, / Not in Labor Force www.

6 Figure 7. NOT IN LABOR FORCE* (millions, nsa) Not in Labor Force Not In Labor Force: Females Total -4 Year Olds Years & Older * Working-age population data are not seasonally adjusted. Figure. NOT IN LABOR FORCE (millions, nsa) -4 Year Olds Year Olds & Over Page 4 / August 3, / Not in Labor Force www.

7 Males vs Females Figure 9. NOT IN LABOR FORCE*: TOTAL (millions, nsa) Females Males YEAR OLDS Females Males YEARS OLD & OLDER Females Males * Working-age population data are not seasonally adjusted. Page / August 3, / Not in Labor Force www.

8 Working Age Population by Age Group Figure. WORKING AGE POPULATION (millions, nsa) -19 Year Olds Year Olds Year Olds Year Olds & Older * Working-age population are not seasonally adjusted. Page / August 3, / Not in Labor Force www.

9 Figure 11. NOT IN LABOR FORCE (millions, nsa) Not In Labor Force by Age Group -19 Year Olds Year Olds Year Olds Year Olds & Older * Working-age population data are not seasonally adjusted. Page 7 / August 3, / Not in Labor Force www.

10 Figure. Not In Labor Force by Education Level NOT IN LABOR FORCE BY EDUCATION (millions) No High School High School Some College College * Working-age population data is not seasonally adjusted. Source: US Department of Labor, Bureau of Labor Statistics. Page / August 3, / Not in Labor Force www.

11 NILF/WAP 13 Figure 13. NOT IN THE LABOR FORCE BY AGE GROUP (as a percent total "Not in the Labor Force")* Year Olds Year Olds Year Olds Year Old & Older *Working-age population data are not seasonally adjusted. Source: US Department of Labor, Bureau of Labor Statistics. 4 Page 9 / August 3, / Not in Labor Force www.

12 NILF/WAP Education Figure. No High School: Year Old & Older "Not in the Labor Force" (as a percent of total working age population "Not in the Labor Force")* High School: Year Old & Older "Not in the Labor Force" (as a percent of total working age population "Not in the Labor Force")* Some College: Year Old & Older "Not in the Labor Force" (as a percent of total working age population "Not in the Labor Force")* College: Year Old & Older "Not in the Labor Force" (as a percent of total working age population "Not in the Labor Force")* *Working-age population data are not seasonally adjusted. Source: US Department of Labor, Bureau of Labor Statistics. Page / August 3, / Not in Labor Force www.

13 Not In Labor Force by Age Group Figure. NOT IN LABOR FORCE (as a percent of working age population) -19 Year Olds Year Olds Year Olds Year Olds & Older *Working-age population are not seasonally adjusted. Page 11 / August 3, / Not in Labor Force www.

14 Not In Labor Force by Age Group 0000 Figure. NOT IN LABOR FORCE (thousands, nsa) Years Years Page / August 3, / Not in Labor Force www.

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