Lowest labor force participation rate in over 3 decades

 
 

US employment crisis, Lowest labor force participation rate in over 3 decades, 55 and older staying in labor force, 16 to 19 rates plunge, 18 to 34 olds double digit unemployment rates

US employment crisis, Lowest labor force participation rate in over 3 decades, 55 and older staying in labor force, 16 to 19 rates plunge, 18 to 34 olds double digit unemployment rates “People 55 to 64 years old, the first forget-about-retirement generation, are staying in the labor force to an ever greater degree. In 1992, only 56.2% were still in the labor force, in 2012, 64.5% were. Similar for older folks. The participation rate for people 65 to 74 years old jumped from 16.3% to 26.8%. Reality is this: fewerRead More