Archive for April 30th, 2013

Air fares: Public weighs in …

April 30, 2013

According to a YouGov.com survey reported by  NBC News  …

Survey says: 4 in 10 Americans  wouldn’t mind being publicly weighed at the airport.

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Source

The results suggest that a once-unthinkable concept of differential fares based on size could become a fact of life for fliers.

Here are some verbatims:

(more…)

Posted in Airlines, Mktg - Pricing, Price customization | 3 Comments »

Nums: More about the declining LFPR … blame teens, not old folks.

April 30, 2013

Remember March’s employment numbers?

Despite paltry job growth – less than population growth — the unemployment rate went down – because about 500,000 folks dropped out of the labor force.

The LFPR (labor force participation rate) dropped to 63.2%.

The Atlantic published an interesting recap of LFPRs by age group over time.

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Note that the LFPR has been   …

  • Increasing for all age groups over 35
  • Holding steady at about 80% for folks 35 to 34
  • Dropping for folks 20 to 24.
  • Dropping big-time for teenagers

While older folks are participating more in the labor force, their LFPR is substantially less than other age groups (except teens) … so the aging population is “mixing down the overall LFPR.

What’s up with teens?

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Posted in BLS, Employment - Jobs, Labor force participation rate (LFPR), Unemployment | Leave a Comment »