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A Profile of Older Americans: 2003
Employment
In 2002, 4.5 million (13.2 %) Americans age 65 and over were
in the labor force (working or actively seeking work), including
2.5 million men (17.9%) and 1.9 million women (9.8%). They constituted
3.1% 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: 1/5/2009 1:10:41 PM |
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