Projected growth in labor force participation of seniors, 2006-2016
July 31, 2008
The number of workers between the ages of 65 and 74 is predicted to soar by 83.4 percent between 2006 and 2016.
Similarly, the number of workers aged 75 and up is predicted to grow by 84.3 percent.
Looking at other age groups, the number of workers in the youngest group, age 16-24, is projected to decline during the period while the number of workers age 25-54 will rise only slightly. The number of workers age 55-64 is expected to climb by 36.5 percent. The total labor force is projected to increase by 8.5 percent during the period 2006-2016.
By 2016, workers age 65 and over are expected to account for 6.1 percent of the total labor force, up sharply from their 2006 share of 3.6 percent.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Projected growth in labor force participation of seniors, 2006-2016 on the Internet at https://www.bls.gov/opub/ted/2008/jul/wk4/art04.htm (visited January 21, 2018).
Recent editions of Spotlight on Statistics
Industry on Tap: Breweries
A look at employment, wages, and job safety in breweries and producer prices for beer.
Differences in Parents’ Time Use between the Summer and the School Year
A look at how parents of school-age children spend their time in the summer and the school year.
Hispanics in the United States: Celebrating National Hispanic Heritage Month
A look at employment, earnings, consumer spending, time use, and workplace injuries and illnesses for the Hispanic or Latino U.S. population.
Expenditures on Admissions to the Arts, Movies, Sporting Events, and Other Entertainment
A look at consumer spending and attendance at arts, sports, and entertainment events.