Chart 8. Labor force participation rates of people ages 75 and older, 1993–2023 and 2023–33 projected (in percent)
Year Participation rate

1993

4.3

1994

5.4

1995

4.7

1996

4.7

1997

4.8

1998

4.7

1999

5.1

2000

5.3

2001

5.2

2002

5.1

2003

5.8

2004

6.1

2005

6.4

2006

6.4

2007

6.8

2008

7.3

2009

7.3

2010

7.4

2011

7.5

2012

7.6

2013

7.9

2014

8.0

2015

8.2

2016

8.4

2017

8.3

2018

8.7

2019

9.1

2020

8.9

2021

8.6

2022

8.2

2023

8.3

2024 projected

8.5

2025 projected

8.7

2026 projected

8.8

2027 projected

9.0

2028 projected

9.2

2029 projected

9.4

2030 projected

9.6

2031 projected

9.8

2032 projected

10.0

2033 projected

10.1

Source: U.S. Bureau of Labor Statistics.