Must write at least 300 words and contain at least 3 citations in current APA format.  Acceptable sources include newspapers, periodicals, journals, textbooks, credible news websites (NPR, BBC, etc), and the Bible. Sources such as Wikipedia, About.com, thebalance.com, book reviews, and blogs are prohibited.

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.

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