During the last three months of 2016, the employmentpopulation ratio was unchanged, and the labor force participation

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During the last three months of 2016, the employment–population ratio was unchanged, and the labor force participation rate was decreasing. Shouldn’t both of these data series move in the same direction? Briefly explain how it is possible that they didn’t.

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Economics

ISBN: 978-0134738321

7th edition

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

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