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Download full textAaronson, 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
