The CFA® Level 1 Exam: Labor Force Participation Rate (LPR)

Labor Force Participation Rate (LPR)

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Question

Since World War II the labor force participation rate (LPR)

Answers

A. of women has steadily decreased while the LPR for men has increased.

B. of women has steadily increased while the LPR for men has declined.

C. of both women and men has increased.

D. of both women and men has decreased.

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Explanations

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A. B. C. D.

Since 1948 the labor force participation rate for women has steadily increased while the rate for men has been declining. This suggests that the composition of work force participation within the family has changed substantially during the last five decades.

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