Day: 2015-10-22

Labor Force Participation Rates | The End of Traffic and the Future of Transport

| David Levinson
The workforce in the US has continued its drop as technology-enabled productivity reduces the economic value of older and unskilled workers. While the total size of the workforce is at this writing higher than it was at the depth of the Great Recession, a smaller share of the working age population works today. Fewer people are traveling for work, and fewer discretionary trips are made by both workers nervous about spending money and the unemployed who have little or no money to spend. Starting in 2008 in the US, unemployment increased sharply, and though it has since declined, employment participation rates remain much lower as shown From Levinson and Krizek (2015) The End of Traffic and the Future of Transport. http://davidlevinson.org/the-end-of-traffic-and-the-future-of-transport/ Figure 3.2 Source; US Department of Labor - Bureau of Labor Statistics (2015) Labor Force Statistics from the Current Population Survey http://data.bls.gov/timeseries/LNS11300000.
The workforce in the US has continued its drop as technology-enabled productivity reduces the economic value of older and unskilled workers. While the total size of the workforce is at this writing higher than it was at the depth of the Great Recession, a smaller share of the working age population works today. Fewer people are traveling for work, and fewer discretionary trips are made by both workers nervous about spending money and the unemployed who have little or no money to spend. Starting in 2008 in the US, unemployment increased sharply, and though it has since declined, employment participation rates remain much lower as shown
From Levinson and Krizek (2015) The End of Traffic and the Future of Transport. 
Figure 3.2 Source; US Department of Labor – Bureau of Labor Statistics (2015) Labor Force Statistics from the Current Population Survey http://data.bls.gov/timeseries/LNS11300000.

StrongTowns Podcast 256: David Levinson and The End of Traffic

| David Levinson

I am happy to have been interviewed about The End of Traffic and the Future of Transport, by my former student, Chuck Marohn, on the Strong Towns podcast.

Strong Towns is a really important organization, of which I am a member, dedicated to improving local fiscal governance and the efficient use of land and transportation systems to create healthy economies.