RICHMOND, Virginia, June 12 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 26-10) in May 2026 by Andreas Hornstein and Marianna Kudlyak entitled "Trends in Labor Force Participation and Unemployment, 1976-2024."

Here are excerpts:

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Using CPS microdata, 1976-2024, we estimate trend and cyclical components of unemployment and labor force participation for 44 age-gender-education groups. We fit a parsimon . . .

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