For example, it appears that workers who have lost their jobs in the past couple of years have been more likely to withdraw from the labor force (rather than report themselves as unemployed) than were job losers in previous recessions. Indeed, the labor force participation rate fell sharply between 2000 and 2003, from a little over 67 percent to about 66-1/4 percent.
As a market participant, the Bank of Japan will continue to promote the stability, efficiency, and integrity of the financial system. Thank you for your attention. BIS Review 160/2010  5