Declines in the Labor Force Participation rate.
The overall labor force participation rate peaked at 67.1 percent from 1997 to 2000. After the recession of 2001, it started trending downward. In the aftermath of the 2007–09 recession, the overall labor force participation rate dropped sharply and continued its decline, registering at 62.7 percent in 2015. It changed little in 2016, growing by 0.1 percentage point to 62.8 percent. As a result, from its peak in 2000, the labor force participation rate had declined by 4.3 percentage points by 2016.
Source: Projections overview and highlights, 2016–26, (October 2017), Monthly Labor Review, retrieved from https://www.bls.gov/opub/mlr/2017/article/projections-overview-and-highlights-2016-26.htm
Discuss economic theory related to the quote above
Locate and incorporate outside research that gives evidence and explanation as to the possible causes of these declines in the Labor Force Participation rate.
Integrate biblical insights into your discussion board thread. In what way does scripture influence our decision to work?
Sample Solution
on their own interest, and receives the reinforce when the child attempts to follow the instructor’s prompt. Incidental teaching is also an intervention that promotes lasting and impactful results because it is an intervention that is early, it also can be done in a variety of settings with different people, it can have family involvement, the procedure can include peers, and it is fun for the child since it initiated by the child (McGee et al., 1999). Since it is child selected, it drives the child’s motivation, which ultimately assists the child to learn.