Journal of Applied Business Research

The U.S. Labor Force Participation Rate (LFPR) is defined as the number of people in the labor force as a percentage of the civilian noninstitutional population 16 years and over. In a paper published in November, 2013, we examined the determinants of the decline in the LFPR from a 1998 peak of 67.2…

The U.S. Labor Force Participation Rate (LFPR) is defined as the number of people in the labor force as a percentage of the civilian noninstitutional population 16 years and over. In a paper published in November, 2013, we examined the determinants of the decline in the LFPR from a 1998 peak of 67.2…

Training is a key task for ensuring that employees remain at a skill level that is conducive to productivity and to achieving the organizational objectives. However, training is a very costly investment. Hence, the resources allocated to training must be used wisely to balance the available resource…