The FRED Team has been reporting on a lot of dire economic data lately. Today, May the 4th, offers the chance for some light(saber)ness—using a multilayered Star Wars pun to salute our armed forces.
The FRED Blog has shown the labor force participation rates of men and women worldwide—in the U.S. and across the OECD. Today, we look at the labor force participation rate of men and women veterans of the U.S. armed forces.
The men’s rate is the solid orange line, the women’s rate is the solid magenta line, and the average across both genders is the dashed red line. As with the labor force participation rate of the overall civilian population, the rates in this graph are decreasing.
Notice how different the labor force participation rates of veteran men and women are, particularly relative to the average across genders. This is because the proportion of veteran men to veteran women is
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