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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: sinclap who wrote (167835)5/4/2014 12:26:02 PM
From: Kenneth E. Phillipps  Read Replies (3) of 224748
 
Another look at disability and labor force participation

•In searching for explanations for the steep decline in the U.S. labor force participation rate analysts have rightly stressed the importance of retiring baby boomers.
•Increase in disability share accounts for 20-25% of the drop in the labor force participation rate since 2007 (vs ~45% for retirements).
•We expect this shift to be essentially permanent, but growth in the disability share will also probably slow down.

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