Visualizing America’s Disappearing Workforce

In his September 2017 paper entitled ‘Where Have All the Workers Gone? An Inquiry into the Decline of the U. S. Labor Force Participation Rate’, Alan B. Krueger of Princeton University explores the dramatic fall in labor force participation in the U. S. from 1997 to 2017.
As Statista’s Martin Armstrong shows in the infographic below, over the last twenty years, the rate has fallen the most for the under 20’s, with the share of 16 to 17 year olds in work dropping by 18.4 and 16.2 percentage points for men and women, respectively.

This post was published at Zero Hedge on Oct 1, 2017.