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The Aging Labor Force

Posted: May 12, 2014

One third of 65-74-year-olds will be in the labor force in 2022, according to trends identified by government statistics: "The [labor force] participation rate for people ages 65 to 74 years was 20.4% in 2002 and rose to 26.8% in 2012. BLS projects the rate for this age group to continue increasing, to 31.9% in 2022," according to a 2014 Bureau of Labor Statistics report.

[From the "Labor force participation projected to fall for people under age 55 and rise for older age groups" desk. Washington DC: Bureau of Labor Statistics.  Thanks to Boston College Sloan Center on Aging & Work for this information.]

See also: "The Impact of Aging Baby Boomers on Labor Force Participation."

[From AGHE’s “Teaching Gerontology” newsletter (Mar. 15, 2014), H.R. Moody, Editor]