"CBO's Projection of Labor Force Participation Rates"

CR Note: I've written extensively about the Labor Force Participation Rate (LFPR). This is a very detailed analysis and model from the CBO. Here is the new paper from Joshua Montes at the Congressional Budget Office: CBO's Projection of Labor Force Participation Rates From the Conclusion: This paper details CBO's methodology for estimating and projecting labor force participation rates. CBO constructs a birth-year cohort model of the labor force participation rate that estimates labor force participation rates by age-sex-education-race subgroups. Using the estimated model to project rates......(read more)

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