Labor force participation in the United States has been dropping steadily since 2000. Often times this is dismissed as a blue collar phenomena--factory jobs disappearing with nothing to take their place. Wrong! Data from the U.S. Bureau of Labor Statistics shows that labor force participation has been declining steadily for college degree holders as well (via Zero Hedge ). Indeed, there is little difference in LFP between high school (red series) and college graduates (blue series).
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