Explaining the decline in teen labor force participation

Daniel Aaronson, Kyung-Hong Park and Daniel Sullivan

Chicago Fed Letter, 2007, issue Jan, No 234

Abstract: Fewer teenagers are participating in the labor force today than at any point since WWII. At just under 44%, teen labor force participation is 15 percentage points below its peak in the late 1970s. Why has there been a long-run secular decline in the work activity of young adults, and why has it sharply accelerated in the last five years?

Keywords: Employees, Training of; Labor market (search for similar items in EconPapers)
Date: 2007
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