Chart: High-pressure labor markets erode age-based gaps in employment-to-population ratios : Changes in age-specific labor market indicators stemming from a 10-percent change in the overall indicator

Figure K

High-pressure labor markets erode age-based gaps in employment-to-population ratios : Changes in age-specific labor market indicators stemming from a 10-percent change in the overall indicator

Outcome	Ages 16-24	Ages 25+
Unemployment	8.7	10.8
EPOP	14.4	9.3

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Notes:Each bar is the coefficient from the regression of the real annual percent change in a given percentile’s wage on the measure of labor market tightness. Regressions include state and year fixed effects. See Bivens and Zipperer, The Importance of Locking in Full Employment (2018).

Source: Authors’ analysis of annual, state-level aggregations of EPI Current Population Survey Extracts, Version 1.08 (2020), https://microdata.epi.org, 1979–2019.

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