The Decline in Teen Labor Force Participation

17 Pages Posted: 6 Mar 2006

See all articles by Daniel Aaronson

Daniel Aaronson

Federal Reserve Bank of Chicago

Kyung-Hong Park

Federal Reserve Bank of Chicago

Daniel G. Sullivan

Federal Reserve Bank of Chicago

Abstract

The authors examine the recent decline in teen work activity, offering explanations for both the long secular decline since the late 1970s and the recent acceleration in this decline since 2000. They argue that much of this pattern is due to a significant increase in the rewards to formal education. They also explore the importance of changes to labor demand, crowding out by substitutable workers, the increased work activity of mothers, and increases in wealth.

Keywords: participation, employment, teenager, education

JEL Classification: J2, E24

Suggested Citation

Aaronson, Daniel and Park, Kyung-Hong and Sullivan, Daniel G., The Decline in Teen Labor Force Participation. Economic Perspectives, 2006. Available at SSRN: https://ssrn.com/abstract=888529

Daniel Aaronson (Contact Author)

Federal Reserve Bank of Chicago ( email )

230 South LaSalle Street
Chicago, IL 60604-1413
United States

Kyung-Hong Park

Federal Reserve Bank of Chicago ( email )

230 South LaSalle Street
Chicago, IL 60604
United States
3123225351 (Phone)

Daniel G. Sullivan

Federal Reserve Bank of Chicago ( email )

230 South LaSalle Street
Chicago, IL 60604
United States

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