tag:blogger.com,1999:blog-4900303239154048192.post395191105437236338..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Job-Market Slack as "Leading Indicator"Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4900303239154048192.post-74977556621385571342009-09-12T23:43:39.397-04:002009-09-12T23:43:39.397-04:00This is truly one of those time where "fresh&...This is truly one of those time where "fresh" economic ideas have a chance of making their way through to the general population. I mean "fresh" as in ideas from the time when economists could still hold a coherent logical thought.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-15977851327124941772009-09-12T23:00:04.627-04:002009-09-12T23:00:04.627-04:00Following up on the "demographic trends and i...Following up on the "demographic trends and informed choice" angle, I dug deeper into employment-population rations for 16-24 year olds. For 20-24 year olds the ratio has fallen from 72.9 in October 2000 to 62 in August 2009. For 16-19 year olds the ratio has fallen from a peak of 46.3 percent in April 2000 to 28.1 percent in August 2009. <br /><br />It looks to me like it is not so much a question of people getting out of the market as it is younger people never getting into it. What is it with kids nowadays?Sandwichmanhttps://www.blogger.com/profile/11159060882083015637noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-60721020956764865712009-09-12T21:13:45.531-04:002009-09-12T21:13:45.531-04:00Sandwichman:
"David Altig leaned toward the ...Sandwichman:<br /><br />"David Altig leaned toward the interpretation that changes in labor force participation were being driven by demographic trends and the informed choice of participants and non-participants. In hindsight, I wish we had followed up on the demographic clue."<br /><br />Thanks dude . . . like we were all getting out of the market place because we wanted to. It was time to retire and take the fruits of our labors while we could! Yea right . . . we were still hanging on expecting the market to recoup. It didn't.<br /><br />You had it right and those who sougt to explain Participation Rate as voluntary leaving the market place had it wrong.run75441https://www.blogger.com/profile/03790826995006015721noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-48862685677858960952009-09-11T20:22:58.688-04:002009-09-11T20:22:58.688-04:00The arrogance is just unbelievable.The arrogance is just unbelievable.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-899918766306983112009-09-11T20:21:48.516-04:002009-09-11T20:21:48.516-04:00He says he does not see the evidence - which, unfo...He says he does not see the evidence - which, unfortunately, is not quite the same as saying there is none.<br /><br />Shall I use this same excuse the next time I am pulled over for causing a multiple car pileup after jumping a red light.<br /><br />"But officer, I see no evidence that my blowing through that light lead to all this bloodshed!"Anonymousnoreply@blogger.com