Figure 1 below compares the evolution of employment-population ratio (EPR) and the number of 36-year-olds in the U.S. What can be so important in this number? I do not understand. Moreover, why this number is not important since 2010, as the projection from the number of 21-year-old shows in Figure 2?
I do not say the 36-year-olds drive the EPR, but mere coincidence is rather unlikely.
I do not say the 36-year-olds drive the EPR, but mere coincidence is rather unlikely.
Figure 1. The employment-population ratio and the number of 36-year-olds (blue line) between 1950 and 2013.
Figure 2. A 15-year ahead projection (red line) of 36-year-olds from the number of 21-year-olds.
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