Analysis of Labor Force Participation - ECON 214 Discussion Post

This assignment is a discussion board post for ECON 214, focusing on macroeconomics and labor force participation. The student analyzes the factors contributing to changes in the labor force participation rate (LFPR), referencing the retirement of the baby boomer generation and the impact of unemployment. The post addresses the provided discussion prompt, which includes responding to classmates' posts and supporting claims with research and citations. The student responds to the discussion by providing information regarding the decline in the labor force and the likely increase in the labor force over the next 20 years. The paper references sources such as journal articles and publications to substantiate the arguments presented. The assignment demonstrates an understanding of economic principles and the ability to analyze complex economic issues, offering insights into the dynamics of the labor market and its implications for economic growth.

Running head: PRINCIPLES OF MACROECONOMICS
Principles of macroeconomics
Name of the student
Name of the university
Authors note

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PRINCIPLES OF MACROECONOMICS
Table of Contents
Answer to question 1......................................................................................................2
Answer to question 2:.....................................................................................................2
References:.....................................................................................................................3

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PRINCIPLES OF MACROECONOMICS
Answer to question 1
In the response to Jonathan kilns
In the response to the query of Jonathan kilns towards the causes of decline in the
labour force Participation it can be said that –
The labour market has not yet completely recovered from economic degradation. Till
now the number of new jobs in every sector have not gone up and over 12.8%. Though it is a
record by itself which covers over 64 percent high than the previous year. Hence the rate of
unemployment have been degraded to 5.8%. Thus it had caused a major fall back to the major
force participation rate. However after seven years the rate had degraded more (Van Stolk
et.al 2011).
Answer to question 2:
In the response to Debra Fontaine
In the response to the query on whether then labour force participation will change in
the next 20 years or not have been said that the population had been a key factor to the labour
force participation and it effects overall growth also. As per census bureau participation it is
said that the population projection have been continued to low projection point which had
result in immigration. Thus it is expected that the labour force would likely to increase in the
next 20 years (Duval , Eris & Furceri 2011).

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PRINCIPLES OF MACROECONOMICS
References:
Duval, R., Eris, M., & Furceri, D. (2011). The Effects of Downturns on Labour Force
Participation. Paris: OECD Publishing.
Van Stolk, C., Hoorens, S., Brutscher, P., Hunt, P., & Tsang, F. (2011). Life after Lisbon.
Santa Monica: RAND Corporation.