Balakrishnan, Ravi; Dao, Mai; Sole, Juan; Zook, Jeremy - International Monetary Fund (IMF) - 2015
The U.S. labor force participation rate (LFPR) fell dramatically following the Great Recession and has yet to start … to decline given population aging. This paper’s measure of the “employment gap†also suggests that labor market … help reach full employment. In addition, given the continued downward pressure on the LFPR, labor supply measures will be …