Labor force participation in the U.S. is expected to decline the most drastically in the 16- to 19-year-old age group. Participation rates have and are projected to hold steady for 25-to-54-year olds. The labor force participation rate is expected to increase to 30.4 percent by 2033 for those aged 65 to 74, as the retirement age in the U.S. increases from 66 to 67. Interestingly, participation for those 75 and older is expected to nearly double between 2003 and 2033.
Civilian labor force participation rate and projections in the United States from 2003 to 2033, by age
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Bureau of Labor Statistics. (August 29, 2024). Civilian labor force participation rate and projections in the United States from 2003 to 2033, by age [Graph]. In Statista. Retrieved December 20, 2024, from https://www.statista.com/statistics/1315320/labor-force-participation-rate-age-us/
Bureau of Labor Statistics. "Civilian labor force participation rate and projections in the United States from 2003 to 2033, by age." Chart. August 29, 2024. Statista. Accessed December 20, 2024. https://www.statista.com/statistics/1315320/labor-force-participation-rate-age-us/
Bureau of Labor Statistics. (2024). Civilian labor force participation rate and projections in the United States from 2003 to 2033, by age. Statista. Statista Inc.. Accessed: December 20, 2024. https://www.statista.com/statistics/1315320/labor-force-participation-rate-age-us/
Bureau of Labor Statistics. "Civilian Labor Force Participation Rate and Projections in The United States from 2003 to 2033, by Age." Statista, Statista Inc., 29 Aug 2024, https://www.statista.com/statistics/1315320/labor-force-participation-rate-age-us/
Bureau of Labor Statistics, Civilian labor force participation rate and projections in the United States from 2003 to 2033, by age Statista, https://www.statista.com/statistics/1315320/labor-force-participation-rate-age-us/ (last visited December 20, 2024)
Civilian labor force participation rate and projections in the United States from 2003 to 2033, by age [Graph], Bureau of Labor Statistics, August 29, 2024. [Online]. Available: https://www.statista.com/statistics/1315320/labor-force-participation-rate-age-us/
