Labor Force Then, Labor Force Now
Just reading from yesterday the PG's version of what is interesting in the latest dump of date from the American Community Survey. See: Pittsburgh's median family income rises
The article notes the +2.4% growth in the region's labor force over the most recent year of data (2011-2012). Might be interesting to compare that growth to the average annual growth in the region's labor force over the previous 4 decades.
Hmmm... what does that mean? (rhetorical question) For the record there is a bit of mixing and matching data sources in that graphic. The ACS data is different from the CPS driven LAUS data which is what I uses to compile the decade averages. The LAUS data is showing a +1.92% labor force growth for the region between 2011-2012, a little less than the ACS data. Even so, +1.92% is the fastest annual growth in the region's labor force in two decades, the 2nd fastest annual growth since 1979.