The participation rate is a ratio of the labour force to the overall population. This measure provides insight into the labour market and the health of the economy.

Since the beginning of the pandemic, outbreaks of the virus have forced government intervention and prompted lockdowns to curb the spread. Labour markets reacted accordingly as employment dropped, and have since struggled to recover to pre-pandemic levels. Examination of US employment and participation rates of those Aged 35-44 & Aged 55+ reveals shifting preferences and other potentially lasting effects of COVID.

Participation rates continue to lag the employment of those Aged 35 to 44 as families struggle with the lack of childcare. As a result, working parents, the majority of whom are women, have been slow to return to the workforce. For those Aged 55+, the gap between employment and the participation rate is a function of many elderly workers being forced out of the labour market and into early retirement. This is due both to increased vulnerability to the virus as well as financial considerations.
Lower participation rates have caused labour shortages and have forced companies to increase wages as they continue to struggle to find workers. Moving forward these issues will likely play a key role in determining both the success and speed of the economic recovery in the US.

Share This Post

Facebook
Twitter
LinkedIn

Weekend Update

See More

Chartpacks

Crude Oil Review

The Acorn Crude Oil Review is a one of our most popular thematic chartpacks. In it you will find data on Crude Oil Supply (Production),…...

This content is for Introduction, Expert, Introduction - Yearly, Expert - Yearly, and Free members only.
Login Join Now
View Chartpack »

Global Equity Sectors Review

Top-down overview of the 11 equity market sectors…. This content is for Introduction, Expert, Introduction – Yearly, and Expert – Yearly members only.Login Join Now...

This content is for Introduction, Expert, Introduction - Yearly, and Expert - Yearly members only.
Login Join Now
View Chartpack »

US Equity Sectors Review

Top-down overview of the 11 equity market sectors…. This content is for Introduction, Expert, Introduction – Yearly, and Expert – Yearly members only.Login Join Now...

This content is for Introduction, Expert, Introduction - Yearly, and Expert - Yearly members only.
Login Join Now
View Chartpack »

US

The US chartpack includes financial market (equity & fixed income) indicators and a broad macroeconomic overview…. This content is for Introduction, Expert, Introduction – Yearly,...

This content is for Introduction, Expert, Introduction - Yearly, Expert - Yearly, and Free members only.
Login Join Now
View Chartpack »

Crude Oil Review

The Acorn Crude Oil Review is a one of our most popular thematic chartpacks. In it you will find data on Crude Oil Supply (Production), Demand (Consumption) and charts highlights the importance of crude oil to the global economy and key oil producing countries.

Global Equity Sectors Review

Top-down overview of the 11 equity market sectors.

US Equity Sectors Review

Top-down overview of the 11 equity market sectors.

US

The US chartpack includes financial market (equity & fixed income) indicators and a broad macroeconomic overview.

Euro Area

The Euro Area chartpack includes financial market (equity & fixed income) indicators and a broad macroeconomic overview.

Japan

The Japan chartpack includes financial market (equity & fixed income) indicators and a broad macroeconomic overview.

China

The China chartpack includes financial market charts and a broad macroeconomic overview.

UK

The UK chartpack includes financial market (equity & fixed income) indicators and a broad macroeconomic overview.

Canada

The Canada chartpack includes financial market (equity & fixed income) indicators and a broad macroeconomic overview.