Friday: No Major Economic Releases
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Saturday, September 04, 2010
US Employment to Population Ratio Gender Convergence
I ran some projections for the US employment to population ratio by gender, and the findings suggest that a convergence in labor participation by genders could occur by 2015. Gender participation in the US workforce has been steadily converging since 1948.
[click to enlarge]
2 comments:
By taking the most explanatory variables in a linear model, it always helps to come up with a good projection result. However, lurking variables may affect it.
Good job Bill..wow..such a nice projection...impressive :)
Hi Anvit, no doubt the forecast provided is too simplistic -- on the other hand, the forecast relies upon over 60 years of data -- clearly, the employment rates between women and men are and have been converging in the meantime -- thanks for the comment...
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