Liberty
University ECON 214 Discussion Board 1 thread solution right
Principles
of Macroeconomics DB1 thread forum
You
can choose it from many different papers.
Plagiarism Free
Topic: Labor Force Participation
Question/Prompt: “Because of the decreasing labor force participation rate of
youths and the prime age group, the overall labor force participation rate is
expected to decline. The participation rates of older workers are projected to
increase, but remain significantly lower than those of the prime age group. A
combination of a slower growth of the civilian noninstitutional population and
falling participation rates will lower labor force growth to a projected 0.5
percent annually.” (Labor
Force Projections, 2013)
In your thread, complete the following:
1.
Discuss economic theory related to the
quote above. Be sure to include a definition of Labor Force Participation Rate
(LFPR) within your discussion.
2.
Locate and incorporate outside
research that gives evidence and explanation as to the possible causes of this
decline. Provide an example of the changes in labor force participation rates
over the last decade.
3.
Integrate biblical insights into your
thread. In what way does Scripture influence your decision to work?
Labor force projections to 2022: the labor force participation
rate continues to fall (December 2013), Monthly Labor Review, retrieved from http://www.bls.gov/opub/mlr/2013/article/labor-force-projections-to-2022-the-labor-force-participation-rate-continues-to-fall-1.htm.
Reply Prompt: Respond
to the explanations of LFPR declines for 2 classmates. In particular, over the
next 20 years, does it seem likely that the causes highlighted in the thread
will continue? Use outside research to substantiate your claim.
Your thread is due by 11:59 p.m. (ET) on Friday of Module/Week 4,
and your replies are due by 11:59 p.m. (ET) on Monday of the same module/week.
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