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A Profile of Older Americans: 2004
Employment
In 2003, 5.0 million (14.4 %) Americans age 65 and over were in the
labor force (working or actively seeking work), including 3.3 million
men (18.3%) and 2.1 million women (10.7%). They constituted 3.4% of the
U.S. labor force. About 3.6% were unemployed. Labor force participation
of men 65+ decreased steadily from 2 of 3 in 1900 to 15.8% in 1985, and
has stayed at 16%-18% since then. The participation rate for women 65+
rose slightly from 1 of 12 in 1900 to 10.8% in 1956, fell to 7.3% in
1985, and has been around 8%-10% since 1988.
(Source: Bureau of Labor Statistics web-site: http://www.bls.gov/cps/home.htm)
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| Last Modified: 7/16/2009 8:31:02 AM |
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