Quote:
Originally Posted by LouisVanDerWright
PS: as we've said a dozen times, stop harping on the participation rate because it literally does not mean what you think it does. Are you going to cop to having spouted that nonsense about "women joining the workforce" causing the participation rate to increase starting in the late 1960's or are you going to acknowledge that the baby boom seriously skewed that stat?
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You seem generally knowledgeable on this forum, but in this case you are mistaken (and rude).
From the BLS:
- The labor force participation rate of men has been decreasing since the 1950s, having registered 86.4 percent in 1950, 79.7 percent in 1970, 76.4 percent in 1990, and 73.3 percent in 2005.
- Women’s labor force participation, which was at a rate of 33.9 percent in 1950, increased significantly during the 1970s and 1980s, climbing to 57.5 percent in 1990. In 1999, the women’s participation rate reached a peak of 60 percent.
Please tell me more about my nonsense and things I don't understand.