The Employment-Population Ratio

In the August 11, 2010 post (“Employment-Population Ratio – Chart And Comments“) I featured a chart of the Employment-Population Ratio and brief commentary. For those unaware of this measure, a description is seen in the February 3, 2014 Liberty Street Economics post titled “A Mis-Leading Labor Market Indicator“: The employment-population (E/P) ratio frequently is used as …

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Unemployment And The “Not In Labor Force” Statistic

Employment and unemployment statistics can be interpreted in various manners, and as such the resulting conclusions often vary.  Due to the importance to both individuals and the economy at large, the overall topic of unemployment remains hotly contested. At this point, it is widely recognized that recent “job gains” have been strong, and that the …

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