Monthly Share of Prime-Age U.S. Workers Who Leave the Labor Force After a Layoff (EMSHRNLP)

Source: Ellieroth, Kathrin  

Source: Michaud, Amanda  

Release: Quits and Layoffs to Nonemployment Based on the Consumer Population Survey (CPS)  

Units:  Percent, Seasonally Adjusted

Frequency:  Monthly

Ellieroth and Michaud (EM) share of workers who leave the labor force due to a layoff tracks the percentage of U.S. prime-age (25-55 years) workers who transition from employment to non-participation after a layoff compared to the total layoffs into non-employment. Since all layoffs end in either unemployment or non-participation, one minus this time series will be the share of workers who leave into unemployment due to a layoff.