Between 1960 and 1999, the labor force participation rate ______.
Solution:-
Labor force participation rate refers to percentage of labor force that includes employed and unemployed people to the working age population.
The labor force participation rate increase from 60 percent to 67 percent from the year 1960 to 1999.
The share of women in the labor force participation rate increases from 37% to 60% from the year 1960 to 1999.
The share of men in the labor force participation rate decreases steadily from 85% to 74% from the year 1960 to 1999.
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