Factors Affecting the Labor Force Participation of People Ages 25 to 54

Congressional Budget Office

No 53452, Reports from Congressional Budget Office

Abstract: Since 1990, the rate of labor force participation for people ages 25 to 54 has dropped from 84 percent to 81 percent. Most of that change has been related to demographic factors, economic conditions, and the government’s fiscal policies. In this analysis, CBO examines how seven demographic factors relate to participation in the labor force and how economic conditions and fiscal policies are expected to affect labor force participation over the next decade. CBO also examines what keeps people from participating in the labor force.

JEL-codes: J00 J10 J11 (search for similar items in EconPapers)
Date: 2018-02-07
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Citations: View citations in EconPapers (7)

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