[PEN-L:6760] Re: Re: una preguntita

[Doug Henwood <dhenwood@xxxxxxxxx>]

Tom Walker wrote:

>Another factor IN
>CANADA would no doubt be the substantial withdrawal of people from the
>labour force over the past ten years. Most of those people would no doubt
>have either been precariously employed or unemployed but instead became
>simply non-employed. I haven't looked at comparative labour force
>participation in the U.S. lately, but my impression was it hasn't fallen to
>the same extent as in Canada. Is that right, Doug?

It hasn't fallen at all. In April, the U.S. employment/population ratio was
64.2%, off slightly from its all-time high of 64.5% in January, but up from
its 61.3% level at the employment trough in Feb 92, and above its earlier
cyclical peak of 63.1% in Mar 90.

If you adjusted for the 1.8 million people behind bars in this lovely
country, though, it would knock about 0.5 percentage points off the EPR.

Doug