Business, 25.11.2019 20:31 gunaranjan09

Because of the decreasing labor force participation rate of youths and the prime age group, the overall labor force participation rate is expected to decline. the participation rates of older workers are projected to increase but remain significantly lower than those of the prime age group. a combination of a slower growth of the civilian noninstitutional population and falling participation rates will lower labor force growth to a projected 0.5 percent annually."(labor force projections, 2013) in your thread, complete the following: discuss economic theory related to the quote above. be sure to include a definition of labor force participation rate (lfpr) within your discussion.

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Because of the decreasing labor force participation rate of youths and the prime age group, the over...

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