Here's an even better chart of smoothed female & male working-age labor force participation in Japan and the U.S. pic.twitter.com/By3Z5JDkXS— Noah Smith (@Noahpinion) May 3, 2015
@MichaelTCucek A disproportionate share of fire-able workers are women.
— Noah Smith (@Noahpinion) May 3, 2015
@MichaelTCucek But if there has been a trend break, then Womenomics is winning big.
— Noah Smith (@Noahpinion) May 3, 2015
@MichaelTCucek That has happened in the U.S.
— Noah Smith (@Noahpinion) May 3, 2015
@Noahpinion Yes but that would have implied transition out of trend that survived 2008 GFC without hiccup.
— Michael Thomas Cucek (@MichaelTCucek) May 3, 2015
@Noahpinion Agreed. When they hit 99% they tend to flatline. ; - )
— Michael Thomas Cucek (@MichaelTCucek) May 3, 2015
@MichaelTCucek I think Womenomics is only one piece of the wider overhaul of the Japanese corporation.— Noah Smith (@Noahpinion) May 3, 2015
@Noahpinion Yes, and as forever in the history of this blessed land, the "if" is always preceded by a sigh.— Michael Thomas Cucek (@MichaelTCucek) May 3, 2015
@Noahpinion Agree again. However, we must still try to disambiguate demographic shifts, policy changes pre-Abe and policy changes post-Abe.— Michael Thomas Cucek (@MichaelTCucek) May 3, 2015
@Noahpinion Which would leave for Abe and Company the credit -- and it is no mean achievement -- for at least not messing up a recovery.
— Michael Thomas Cucek (@MichaelTCucek) May 3, 2015
Questions: -- real, not rhetorical:
ReplyDelete1) How does the changing demography of the US and Japan affect these graphs ? Japan is aging much faster.
2) How do these stats deal with part-time workers?
3) % of women in managerial positions? What would the data show? Trendline.