Letter Writer: |
John Foote, retired from Washington University in St. Louis, McDonnell Center for the Space Sciences |
Date Posted: |
July 9, 2014 |
Letter: |
His views on the labor force participation (LFP) rate touched on a subject frequently in the news this year: Where is our economy headed, and where are the workers? Economists have been analyzing data on workforces for a long time; so, please forgive me if I oversimplify or connect less important items to the changes in the LFP rate, items like increased high school dropout rates, failed educational systems, growth of our prison population, and increased mergers and acquisitions. According to reports:
|