Thursday, May 08, 2014

Labor Force Participation Rate for 25-29 Year Olds Hits Record Low As Does Marriage

4.3 million Americans, ages 25 to 29, were not working in April. The labor force participation rate in April 2014 for Americans ages 25 to 29 hit the lowest level that is only recorded since 1982. In January 1982, when the data were first collected, the labor force participation rate for this group was 80.7%.

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This might explain why the marriage rate in the United States has fallen to the lowest level ever recorded.

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