Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/101034
Authors: 
Hotchkiss, Julie L.
Year of Publication: 
2014
Series/Report no.: 
Working Paper, Federal Reserve Bank of Atlanta 2014-8
Abstract: 
As a measure of labor market strength, the raw employment-to-population ratio (EPOP) confounds employment outcomes with labor supply behavior. Movement in the EPOP depends on the relative movements of the employment rate (one minus the unemployment rate) and the labor force participation rate. This paper proposes an adjustment to the calculation of the EPOP using individual microdata to account for both individual characteristics and the probability of labor force participation, which can used to assess the strength of the labor market.
Subjects: 
EPOP
employment-to-population ratio
labor force participation
unemployment rate
employment rate
structural versus cyclical
JEL: 
J64
J21
J11
Document Type: 
Working Paper

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