Figure 3. Labor force participation rates, historic and projected, by age, 1990 to projected 2028

Year

55 and older

65 and older

75 and older

1990

30.1 11.8 4.3

1991

29.6 11.5 4.4

1992

29.7 11.5 4.5

1993

29.4 11.2 4.3

1994

30.1 12.4 5.4

1995

30.0 12.1 4.7

1996

30.3 12.1 4.7

1997

30.9 12.2 4.8

1998

31.3 11.9 4.7

1999

31.8 12.3 5.1

2000

32.4 12.9 5.3

2001

33.2 13.0 5.2

2002

34.5 13.2 5.1

2003

35.7 14.0 5.8

2004

36.2 14.4 6.1

2005

37.2 15.1 6.4

2006

38.0 15.4 6.4

2007

38.6 16.0 6.8

2008

39.4 16.8 7.3

2009

40.0 17.2 7.3

2010

40.2 17.4 7.4

2011

40.2 17.9 7.5

2012

40.5 18.5 7.6

2013

40.3 18.7 7.9

2014

40.0 18.6 8.0

2015

39.9 18.9 8.2

2016

40.0 19.3 8.4

2017

40.0 19.3 8.3

2018

40.0 19.6 8.7

2028 projected

39.6 23.3 12.1

Source: U.S. Bureau of Labor Statistics.