July 29, 2008 (The Editor’s Desk is updated each business day.)
Labor force participation of seniors, 1948-2007
In recent years a larger share of people 65 and older is staying in or returning to the labor force.
The labor force participation rate for older workers—the percentage of person 65 and older who are working or seeking employment—has been rising since the late 1990s. This is especially notable because the 65-and-over labor force participation rate had been at historic lows during the mid 1980s and early 1990s.