Stat homework Please help me!! Thank you Consider labor force participation rate

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Stat homework

Please help me!! Thank you

Consider labor force participation rates Compare the adult male labor force participation rates over 1992-2012 for "Developed Economies and the European Union" with that of East Asia (heavily China) and the Middle East. Compare the adult female labor force participation rates over 1992-2012 for "Developed Economies and the European Union" with that of East Asia (heavily China) and the Middle East. Over 1948-2014: compare the labor force participation rates of all US males and females greater than or equal to 16 years of age. Over 1969-2004: how does the labor force participation rate for married women and married women with children compare to the rate for all women? Are they converging or diverging? Over 1890-1950 did the real wage rate for U.S. manufacturing workers rise more rapidly than over 1950-1989? By how much more or less? Table 5. Labor force participation rates by sex for youth and adults, world and regions (%) ge 16 yrs of age Labor Force Participation Rate of Women Aged 20-60 by Marital Status, Children, Race and Education (U.S.) Table 6.1 Historical data on U.S. labor force participation rates, average wage rates for production workers in manufacturing and for hired farm labor, and legal minimum wage, 1890-1989 All persons ge 14 years old 1890-1960; 16 years old thereafter-civilians 'Golden 1990. 'Estimates from related series. 'Before 1940, hours paid for and hours worked were almost the same. After 1940, employers started paid leave programs. In 1989, paid-for leave time is roughly 10 percent of paid-for work time (Department of Labor 1989). Compensation includes wage and employer cost of employee benefits (paid leave, retirement plans, health programs, unemployment benefits). Rees 1973 for 1900-1970; Department of Labor 1983 and 1989 for 1975-89. Dollars per day 1890-1950; dollars per hour 1950-89. Consumer price index (Bureau of Labor Statistics) up to 1960, after 1960, implicit price deflator for personal consumption expenditures (Bureau of Economic Analysis). The BEA's series rise lets rapidly during the late 1970s mainly because it uses comparable rental rates on owner-occupied housing rather than interest rates.

Explanation / Answer

The labor force participation rate has become one of the most-watched statistics in the US job market, and with good reason. The rate measures the share of all working-age Americans who are in the labor force

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