Full Citation

Title: Big Data, Dwindling Participation

Citation Type: Miscellaneous

Publication Year: 2011

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Abstract: Languid youth, robot destroyers, foreign invaders and an epidemic sound like the lineup for Netflix’s fall dramas primed for uploading and binge watching. However, these themes are part of a growing list of explanations for the remaining frictions in the labor market, that all else equal, would not be expected to persist in an environment where the unemployment rate is near a 15-year low of 4.4%. As a result, attention has shifted away from the gold standard of labor market indicators such as the unemployment rate to more nuanced measures of labor market soundness such as the employment-topopulation and the participation rate.

Url: https://www.bbvaresearch.com/wp-content/uploads/2017/07/170717_US_EW_BigData.pdf

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Authors: Nash-Stacey, Boyd

Publisher: BBVA Research

Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure

Countries: United States