Labor force participation in the U.S. is expected to decline the most drastically in the 16- to 19-year-old age group to 5,237,000 participants by 2032 which would indicate an 16.5 percent decline compared with the previous reporting period. Participation is projected to hold steady for 25-to-54-year olds. Between now and 2032, the labor force is expected to see its highest increases in those 65 and older, and most extremely for those 75 and older.
Civilian labor force participants percent change and projections in the United States from 2002 to 2032, by age
Characteristic
2002-2012
2012-2022
2022-2032*
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Bureau of Labor Statistics. (September 6, 2023). Civilian labor force participants percent change and projections in the United States from 2002 to 2032, by age [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1315407/labor-force-participants-projections-percent-change-age-us/
Bureau of Labor Statistics. "Civilian labor force participants percent change and projections in the United States from 2002 to 2032, by age." Chart. September 6, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1315407/labor-force-participants-projections-percent-change-age-us/
Bureau of Labor Statistics. (2023). Civilian labor force participants percent change and projections in the United States from 2002 to 2032, by age. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1315407/labor-force-participants-projections-percent-change-age-us/
Bureau of Labor Statistics. "Civilian Labor Force Participants Percent Change and Projections in The United States from 2002 to 2032, by Age." Statista, Statista Inc., 6 Sep 2023, https://www.statista.com/statistics/1315407/labor-force-participants-projections-percent-change-age-us/
Bureau of Labor Statistics, Civilian labor force participants percent change and projections in the United States from 2002 to 2032, by age Statista, https://www.statista.com/statistics/1315407/labor-force-participants-projections-percent-change-age-us/ (last visited July 22, 2024)
Civilian labor force participants percent change and projections in the United States from 2002 to 2032, by age [Graph], Bureau of Labor Statistics, September 6, 2023. [Online]. Available: https://www.statista.com/statistics/1315407/labor-force-participants-projections-percent-change-age-us/