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FACT OF THE WEEK
 

4 in 10 adults aged 55+ were in the labor force in 2014

 

 
"The labor force participation rate of those age 55 years and older had been on the rise since 1996," when the rate was 30.3%, "but has slightly declined since a peak in 2012" at 40.5% to 40.0% in 2014, according to a 2016 analysis of BLS data. "BLS projects that a decline will continue in the future," to 35% by 2040. (p. 8, chart and table)
 
       
 
        Toossi, M. (2016). A look at the future of the U.S. labor force to 2060: Spotlight on statistics. Washington, DC: U.S. Bureau of Labor Statistics. Retrieved from this source.
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