Women without a College Degree, Especially Minority Mothers, Face a Steeper Road to Recovery
The labor force participation of prime-age individuals (age 25 to 54) in the United States declined dramatically at the onset of the COVID-19 pandemic, and as of June 2021, the prime-age labor force participation rate remains well below its pre-pandemic level. Prime-age individuals are in their most...
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Published in | Economic review (Kansas City) Vol. 106; no. 3; pp. 5 - 2 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Kansas City
Federal Reserve Bank of Kansas City
22.06.2021
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Subjects | |
Online Access | Get full text |
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Summary: | The labor force participation of prime-age individuals (age 25 to 54) in the United States declined dramatically at the onset of the COVID-19 pandemic, and as of June 2021, the prime-age labor force participation rate remains well below its pre-pandemic level. Prime-age individuals are in their most productive working years, and a persistent decline in their labor force participation has important implications for the future of the labor market and economic growth. However, understanding the decline requires detailed analysis, as aggregate statistics on labor force participation may mask differences in labor market outcomes. |
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ISSN: | 0161-2387 2163-422X |
DOI: | 10.18651/ER/v106n3Tuzemen |