In recent years, the movement of the baby-boom population into age groups that generally exhibit low labor force participation has contributed to the decline in the overall participation rate. After rising for more than three decades, the overall labor force participation rate peaked in early 2000 and subsequently trended down. ![]() It is an important labor market measure because it represents the relative amount of labor resources available for the production of goods and services. The labor force participation rate is the percentage of the civilian noninstitutional population 16 years and older that is working or actively looking for work. September 2016 Labor force participation: what has happened since the peak?
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