I think sufficient evidence has accumulated to say that there was likely a positive shock to prime age labor force participation rate (LFPR) in 2016 associated with the shock lowering the unemployment rate (U) in 2014.
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Labor force participation and unemployment
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I think sufficient evidence has accumulated to say that there was likely a positive shock to prime age labor force participation rate (LFPR) in 2016 associated with the shock lowering the unemployment rate (U) in 2014.