Recently there has been a substantial decline in the employment-to-population ratio, coinciding with a significant reduction in the unemployment rate. The ratio experienced a trend increase during the post-World War II period until 1999, primarily driven by the large influx of female workers into the labor force. Although pro-cyclical, the ratio always recovered to its previous peak and subsequently went beyond that level. Following the Dot-com recession, there was a decline followed by a mild recovery from 2003 to 2007, before a significant decrease. This thesis investigates the causes of the decline, which impacts on economic policy recommendations.
| Identifer | oai:union.ndltd.org:CLAREMONT/oai:scholarship.claremont.edu:cmc_theses-2324 |
| Date | 01 January 2015 |
| Creators | Lee, Hee Yoon |
| Publisher | Scholarship @ Claremont |
| Source Sets | Claremont Colleges |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | CMC Senior Theses |
| Rights | © 2015 Hee Yoon lee, default |
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