Question

Between 1960 and​ 1999, the labor force participation rate​ ______.

Between 1960 and​ 1999, the labor force participation rate​ ______.

Homework Answers

Answer #1

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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