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Explaining the decline in teen labor force participation

Author

Listed:
  • Daniel Aaronson
  • Kyung-Hong Park
  • Daniel G. Sullivan

Abstract

Fewer teenagers are participating in the labor force today than at any point since WWII. At just under 44%, teen labor force participation is 15 percentage points below its peak in the late 1970s. Why has there been a long-run secular decline in the work activity of young adults, and why has it sharply accelerated in the last five years?

Suggested Citation

  • Daniel Aaronson & Kyung-Hong Park & Daniel G. Sullivan, 2007. "Explaining the decline in teen labor force participation," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Jan.
  • Handle: RePEc:fip:fedhle:y:2007:i:jan:n:234
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    File URL: http://www.chicagofed.org/digital_assets/publications/chicago_fed_letter/2007/cfljanuary2007_234.pdf
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    Cited by:

    1. Ivan O. KITOV, 2008. "The Driving Force of Labor Force Participation in Developed Countries," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 3(3(5)_Fall), pages 203-222.

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    Keywords

    Labor market ; Employees; Training of;

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