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Response to mahatmakanejeeves (Reply #6)

Mon Feb 8, 2021, 01:01 PM

7. 275,000 women and 131,000 men for a total of 401,000 dropped out of the labor force in Jan.

and 4.287 million since February 2020.

Since February 2020,
Prime age men's LFPR dropped from 89.1% to 87.7%, a drop of 1.4 percentage points,
Prime age women's LFPR dropped from 76.8% to 74.8%, a drop of 2.0 percentage points
(prime age = ages 25-54)

Here's some labor force and labor force participation rate statistics

# Labor Force http://data.bls.gov/timeseries/LNS11000000?output_view=net_1mth
The labor force is the sum of employed and unemployed. To count as unemployed, one must have actively sought work in the past 4 weeks (just looking at want ads and job postings doesn't count)
Monthly change in thousands:
2020: -124 -7 -1727 -6243 1722 1597 288 733 -740 640 -182 31
2021: -406
Total count in thousands:
2020: 164455 164448 162721 156478 158200 159797 160085 160818 160078 160718 160536 160567
2021: 160161
January 2021 is down 4.287 million from February 2020 -- lots of people are discouraged from looking because of poor prospects and/or concerns over coronavirus. And note that January is down 406,000 from December and down 657,000 over the past 5 months
January and February data affected by changes in population controls.


# ETPR (Employment-To-Population Ratio) aka Employment Rate http://data.bls.gov/timeseries/LNS12300000

# LFPR (Labor Force Participation rate) http://data.bls.gov/timeseries/LNS11300000

LFPR - Labor Force Participation Rate for some age groups
The LFPR is the Employed + jobless people who have looked for work in the last 4 weeks (and say they want a job and are able to take one if offered). All divided by the civilian non-institutional population age 16+.
SA means Seasonally adjusted. NSA means Not Seasonally Adjusted
16+: SA: http://data.bls.gov/timeseries/LNS11300000 NSA: http://data.bls.gov/timeseries/LNU01300000
25-34: SA: http://data.bls.gov/timeseries/LNS11300089 NSA: http://data.bls.gov/timeseries/LNU01300089
25-54: SA: http://data.bls.gov/timeseries/LNS11300060 NSA: http://data.bls.gov/timeseries/LNU01300060
55+: SA: http://data.bls.gov/timeseries/LNS11324230 NSA: http://data.bls.gov/timeseries/LNU01324230
65+: SA: ---------------- NSA: http://data.bls.gov/timeseries/LNU01300097

LFPR - Labor Force Particpation Rate (prime age 25-54) by gender
All: http://data.bls.gov/timeseries/LNS11300060
Men: http://data.bls.gov/timeseries/LNS11300061
Women: http://data.bls.gov/timeseries/LNS11300062


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Arrow 8 replies Author Time Post
mahatmakanejeeves Feb 2021 OP
BumRushDaShow Feb 2021 #1
mahatmakanejeeves Feb 2021 #2
progree Feb 2021 #3
progree Feb 2021 #4
mahatmakanejeeves Feb 2021 #5
mahatmakanejeeves Feb 8 #6
LineLineNew Reply 275,000 women and 131,000 men for a total of 401,000 dropped out of the labor force in Jan.
progree Feb 8 #7
mahatmakanejeeves Feb 9 #8
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