Contemporary Labor Economics
11th Edition
ISBN: 9781259290602
Author: Campbell R. McConnell, Stanley L. Brue, David Macpherson
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Question
Chapter 3, Problem 4QS
To determine
The changes in the labor force participation rate after the Second World War.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
If wages are rising over time, what would you predict about the trend in the labor force participation for each of the two populations?
Why did the labor force participation rate of women increase so much in the past century?
Between 1980 and 2015, by how many percentage did the labor force participation rate of
men change?
women change?
Knowledge Booster
Similar questions
- Participation in the labor force is much lower than it has historically been. How have government benefits, such as food stamps and housing subsidies, affected the labor-leisure choices of individuals?arrow_forwardWhat would be the labor force participation rate?arrow_forwardWhat economic factors determine whether a person participates in the labor force?arrow_forward
- Discuss Gender Gaps in Labour Force Participation and Economy briefly with suitable examples.arrow_forwardHow might inequality of labor market earnings be influenced by the inequality in years of schooling, the inequality in investments in on-the-job training, and the rate of return from investments in human capital?arrow_forwardWhat is the percentage change in real average earnings from 1965 to 2010?arrow_forward
- Calculate the labour absorption capacity for below: year - 2020 labour Force - 50 Number of employed in formal sector: 50 Year: 2021 Labour Force: 100 number of employed in formal sector: 10arrow_forwardWhat is the formula for total factor productivity? What will be happened when the labour input is measured by total hours not total employment? Why will the TFP be so large and in negative value?arrow_forwardif the labor force is 250,000 and the total population 16 years of age or older is 300,000, the labor force participation rate is ?arrow_forward
- According to current research, which of the following can rationalize the increase in female labor force participation in the US between 1970 and 2000?A. A decrease in the gender wage gapB. A decrease in the cost of child-careC. Learning about the effect of mothers' participation in the labor force on childrenD. All of the abovearrow_forwardWhat is meant by investment in human capital? Use this concept to explain (a) wage differentials and (b) the long-run rise of real wage rates in the United States.arrow_forwardName and explain the two categories of persons in the labor force.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Economics: Private and Public Choice (MindTap Cou...EconomicsISBN:9781305506725Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. MacphersonPublisher:Cengage Learning
Microeconomics: Private and Public Choice (MindTa...EconomicsISBN:9781305506893Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. MacphersonPublisher:Cengage Learning
Exploring EconomicsEconomicsISBN:9781544336329Author:Robert L. SextonPublisher:SAGE Publications, Inc
Economics: Private and Public Choice (MindTap Cou...
Economics
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
Microeconomics: Private and Public Choice (MindTa...
Economics
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:Cengage Learning
Exploring Economics
Economics
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:SAGE Publications, Inc