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FACT OF THE WEEK

 

One third of 55-64 year olds not in the labor force in 2014, down slightly from 2004

"The percentage of the population 55 to 64 years that was not in the labor force edged down from 32.7% in 2004 to 31.7% in 2014. People 55 to 64 were most likely to cite retirement as the main reason for not working," according to an analysis of data by the Bureau of Labor Statistics.
       
 
       

Hipple.S. F. (2015). People who are not in the labor force: Why aren't they working? Beyond the Numbers: Employment & Unemployment, (U.S. Bureau of Labor Statistcs), 4(15) Retrieved from http://www.bls.gov/

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