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Aaronson, Daniel; Park, Kyung-Hong; Sullivan, Daniel – Federal Reserve Bank of Chicago, 2007
Fewer teenagers are participating in the labor force today than at any point since WWII. At just under 44 percent teen labor force participation is 15 percentage points below its peak in the late 1970s. The authors investigate the long-run decline in the work activity of young adults, and the acceleration of this trend during the last five years.…
Descriptors: Labor Force Nonparticipants, Human Capital, Employment Patterns, Labor Market
Sasser, Alicia – Federal Reserve Bank of Boston, 2009
The population of recent college graduates has been growing more slowly in New England than in the rest of the United States, and New England states are concerned that an inadequate supply of skilled workers may hamper economic growth. In some sense, New England is a victim of its own success. The region's colleges and universities excel at…
Descriptors: College Graduates, Skilled Workers, Labor Supply, Economic Development