"...the reason we are not seeing more jobs is largely due to the supply side, with workers unwilling to work at jobs with low pay and bad conditions. However, the prime age (ages 25 to 54) employment-to-population ratio is still 1.5 percentage points below its pre-recession peak..." cepr.net/jobs-2022-01/
Researchers found that extending the length of unemployment insurance had no significant impact on employment. In fact, expanding the maximum benefit duration from 26 to 99 weeks increased the employment-to-population ratio by 0.18 percentage points on average. aeaweb.org/research/unemp…
Researchers found that extending the length of unemployment insurance had no significant impact on employment. In fact, expanding the maximum benefit duration from 26 to 99 weeks increased the employment-to-population ratio by 0.18 percentage points on average. aeaweb.org/research/unemp…
US jobs “recovery” is shithouse, especially if you account for the scale of the monetary and fiscal stimulus and the enormous upgrades to GDP estimates. 5.9% unemployment, 58% employment to population ratio and 61.6% labour force participation not remotely good. imgur.com/a/8jJwPyi
Researchers found that extending the length of unemployment insurance had no significant impact on employment. In fact, expanding the maximum benefit duration from 26 to 99 weeks increased the employment-to-population ratio by 0.18 percentage points on average. aeaweb.org/research/unemp…
Researchers found that extending the length of unemployment insurance had no significant impact on employment. In fact, expanding the maximum benefit duration from 26 to 99 weeks increased the employment-to-population ratio by 0.18 percentage points on average. aeaweb.org/research/unemp…
Nearly half the U.S. population is without a job, showing how far the labor recovery has to go: The employment-population ratio — the number of employed people as a percentage of the U.S. adult population — plunged to 52.8% in May, meaning 47.2% of Americans are jobless cnbc.com/2020/06/29/nearl…
Nearly half the U.S. population is without a job, showing how far the labor recovery has to go: The employment-population ratio — the number of employed people as a percentage of the U.S. adult population — plunged to 52.8% in May, meaning 47.2% of Americans are jobless cnbc.com/2020/06/29/nearl…
Automation has substantial negative effects on employment and wages. "One more robot per thousand workers reduces the employment-to-population ratio by 0.2 percentage points and wages by 0.42%." journals.uchicago.edu/doi…
JPE study: Automation has substantial negative effects on employment and wages. "One more robot per thousand workers reduces the employment-to-population ratio by 0.2 percentage points and wages by 0.42%." journals.uchicago.edu/doi…
How many jobs do robots really replace? - "From 1990 to 2007, the study shows, adding one additional robot per 1,000 workers reduced the national employment-to-population ratio by about 0.2%, with some areas of the U.S. affected far more than others." news.mit.edu/2020/how-man…
How many jobs do robots really replace? - "From 1990 to 2007, the study shows, adding one additional robot per 1,000 workers reduced the national employment-to-population ratio by about 0.2%, with some areas of the U.S. affected far more than others." news.mit.edu/2020/how-man…
The Unemployment Rate Is Meaningless. Here’s What You Should Look at Instead. [Spoiler: the prime age employment to population ratio] slate.com/business/2018/0…
There Are Still a Lot of Men Without Jobs - Women’s employment-population ratio in the U.S. is back to the highs of the previous expansion. Men’s isn’t. bloomberg.com/view/articl…
Nearly Half of Americans Are Out of Work as Employment-Population Ratio Crashes to Lowest Level Ever breitbart.com/economy/202…
BLS Report: Participation rate -0.2 to 62.8, Unemployment rate -0.3 to 6.7, Employment-population ratio unchanged at 58.6 bls.gov/news.release/emps…
Employment–population ratios decreased in all 50 states and the District in 2020 bls.gov/opub/ted/2021/emp…
Why is the Employment-Population Ratio still far from catching up to pre-2008 recession levels given the high demand for workers?
Before the 2008 recession, the employment ratio peaked at about 63.3%. It dipped all the way down to 58.2% after the recession. It has now risen back to about 60.7%, which is only half way to 63.3%.
Given the current extremely low unemployment rate, why is the employment ratio still so low? We constantly hear about how hard it has become to find workers, as evidence by the low unemployment rate. But it seems like a lot of people are unwilling to rejoin the workforce. What are some of the underlying reasons for this? Are the jobs not attractive enough? Do they require skill sets that are in shortage?
The St Louis Fed website has a nice interactive plot of the employment ratio: https://fred.stlouisfed.org/series/EMRATIO
"According to our estimates, one more robot per thousand workers reduces the employment to population ratio by about 0.18-0.34 percentage points and wages by 0.25-0.5 percent." economics.mit.edu/files/1…
U.S. Labor Force Participation and Employment-Population Ratios trueeconomics.blogspot.co…
The Unemployment Rate Is Meaningless. Here’s What You Should Look at Instead. [Spoiler: the prime age employment to population ratio] slate.com/business/2018/0…
[T]he 55-plussers are the only age category in the U.S. that has seen its employment-to-population ratio rise over the past two decades. [T]he growth of the gig economy is being driven not so much by struggling millennials lining up gigs online as by 60-year-olds working as independent contractors. bloomberg.com/view/articl…
Employment to population ratio drops to 58.3%. data.bls.gov/timeseries/L…
The impact of robots is distinct from the impact of imports from China and Mexico, the decline of routine jobs, offshoring, other types of IT capital, and the total capital stock. One more robot per thousand workers reduces the employment to population ratio by about 0.24%, wages by 0.38%. nber.org/papers/w23285
Robots and Jobs: Evidence from US Labor Markets (Acemoglu & Restrepo estimate one more robot per thousand workers reduces the employment to population ratio by about 0.18-0.34 percentage points and wages by 0.25-0.5 percent.) nber.org/papers/w23285
The employment to population ratio is nearly meaningless themoneyillusion.com/?p=1…
I made a previous post about how my server was dying, decided to log in today to being the only one in SW. Alliance Faerlina is official dead with a 1.5% population ratio. A once thriving equal pop server. Thank you Faerlina for memories but Blizzard had other plans.
Prime-Age Employment-to-Population Ratios of Different Countries, 2006–2014 | Graphic Economics | Publications | The Center for Economic and Policy Research cepr.net/publications/gra…
Employment-To-Population Ratio Back To October 1983 Levels: The Only Chart That Matters zerohedge.com/article/emp…
