The labor force participation rate is an estimate of an economy’s active workforce. The U.S. government's labor force participation rate formula is the number of people ages 16 and older who are ...
and further decomposed the latter into the contribution of capital-labor ratio, labor quality, and total factor productivity (TFP). Next, in section 3, we decomposed prefectural differences in ...
The ratio of job offers to seekers fell in fiscal 2023 for the first time in three years as the number of openings dropped partly as a result of labor-saving measures offered by new technologies ...
Labor force participation remained at 62.5% in December. The employment-population ratio increased from 59.8% in November to 60% in December. Wage growth cooled slightly. Average hourly earnings ...