Young people are getting back to work

The overall labor force participation rate shrank slightly in September, a strong piece of evidence that population aging and other demographic factors are likely to keep this anchored at a low level even if the labor market improves. But younger workers are working at a higher rate than before:

Good news for housing: more young adults at work. Emp/pop ratio up to 75.9%. Still way below pre-recession though. pic.twitter.com/VtFO4LvHeY

— Jed Kolko (@JedKolko) October 3, 2014

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