More like, the LPR was falling until Bush started his wars and remained steady until the surge when it improved slightly and then steadily declined as the troops have gradually come home.
So you are suggesting that the majority, if not all, of the troops that come home, have remained unemployed?
Do you have any evidence to support that theory? Other than correlation equals causation....
Because... honestly, having worked with dozens of companies, companies LOVE to hire military personnel. If there is any fast-track to employment, it's having a military record on your resume.
I am suggesting no such thing, not even remotely!!!!!
Active military are not counted as part of the noninstitutional civilian population, which is the denominator in the calculation of the LPR, so the more military on active duty, the smaller the denominator and the higher the LPR. It is another example of how demographics effects the LPR independent of economic conditions, which is why the LPR is such a lousy economic indicator!!!!
But here's my problem.....
You are thus assuming that there was a significant increase in active duty military personnel. Significant enough to effect the civilian population numbers, and thus increase the LPR.
I don't see that as being true. Do you have evidence that's true?
Because everything that I see suggests the opposite. In raw numbers, active duty was lower in the 2003, than it had been in decades.
As a percentage of the population, military enrollment is lower than ever before.
Both would seem to indicate that the number of active duty troops, being at the lowest levels in American history, relative to the population, that we would expect the lowest labor participation rates in US history throughout the 00s. Instead, it's not nearly that bad.
So on what bases, what empirical evidence do you have of your claim?