scottie on 16 March 2011
First of all, the reason very few countries have as large a labor force as the US is because they have smaller populations. How is total labor force an indicator of anything?
Assuming you're talking about labor force participation rate, higher is not better in this case (obviously it is better if you are a millionaire seeking to extort as much money from people as you can, but it isn't actually better for the country or its population). The way I am reading it, if you want a high participation rate, you should knock down all your educational instituions and kill off the young and the old. How is that a good comparison tool?
