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July 2008
Older workers
Chart Data
Percent increase in employment by age and sex, 1977-2007
| Age and sex |
Percent Change |
Age 16 and over |
59 |
Age 65 and over |
101 |
Men, Age 65 and over |
78 |
Women, Age 65 and over |
147 |
Age 65-69 |
85 |
Age 70-74 |
98 |
Age 75 and over |
172 |
Labor force participation rate of workers 65 and over, 1948-2007
| Year |
Total, 65 and older |
Men, 65 and older |
Women, 65 and older |
1948 |
27.0 |
46.8 |
9.1 |
1949 |
27.3 |
47.0 |
9.6 |
1950 |
26.7 |
45.8 |
9.7 |
1951 |
25.8 |
44.9 |
8.9 |
1952 |
24.8 |
42.6 |
9.1 |
1953 |
24.8 |
41.6 |
10.0 |
1954 |
23.9 |
40.5 |
9.3 |
1955 |
24.1 |
39.6 |
10.6 |
1956 |
24.3 |
40.0 |
10.8 |
1957 |
22.9 |
37.5 |
10.5 |
1958 |
21.8 |
35.6 |
10.3 |
1959 |
21.1 |
34.2 |
10.2 |
1960 |
20.8 |
33.1 |
10.8 |
1961 |
20.1 |
31.7 |
10.7 |
1962 |
19.1 |
30.3 |
10.0 |
1963 |
17.9 |
28.4 |
9.6 |
1964 |
18.0 |
28.0 |
10.1 |
1965 |
17.8 |
27.9 |
10.0 |
1966 |
17.2 |
27.1 |
9.6 |
1967 |
17.2 |
27.1 |
9.6 |
1968 |
17.2 |
27.3 |
9.6 |
1969 |
17.3 |
27.2 |
9.9 |
1970 |
17.0 |
26.8 |
9.7 |
1971 |
16.2 |
25.5 |
9.5 |
1972 |
15.6 |
24.3 |
9.3 |
1973 |
14.6 |
22.7 |
8.9 |
1974 |
14.0 |
22.4 |
8.1 |
1975 |
13.7 |
21.6 |
8.2 |
1976 |
13.1 |
20.2 |
8.2 |
1977 |
13.0 |
20.0 |
8.1 |
1978 |
13.3 |
20.4 |
8.3 |
1979 |
13.1 |
19.9 |
8.3 |
1980 |
12.5 |
19.0 |
8.1 |
1981 |
12.2 |
18.4 |
8.0 |
1982 |
11.9 |
17.8 |
7.9 |
1983 |
11.7 |
17.4 |
7.8 |
1984 |
11.1 |
16.3 |
7.5 |
1985 |
10.8 |
15.8 |
7.3 |
1986 |
10.9 |
16.0 |
7.4 |
1987 |
11.1 |
16.3 |
7.4 |
1988 |
11.5 |
16.5 |
7.9 |
1989 |
11.8 |
16.6 |
8.4 |
1990 |
11.8 |
16.3 |
8.6 |
1991 |
11.5 |
15.7 |
8.5 |
1992 |
11.5 |
16.1 |
8.3 |
1993 |
11.2 |
15.6 |
8.1 |
1994 |
12.4 |
16.8 |
9.2 |
1995 |
12.1 |
16.8 |
8.8 |
1996 |
12.1 |
16.9 |
8.6 |
1997 |
12.2 |
17.1 |
8.6 |
1998 |
11.9 |
16.5 |
8.6 |
1999 |
12.3 |
16.9 |
8.9 |
2000 |
12.9 |
17.7 |
9.4 |
2001 |
13.0 |
17.7 |
9.6 |
2002 |
13.2 |
17.9 |
9.8 |
2003 |
14.0 |
18.6 |
10.6 |
2004 |
14.4 |
19.0 |
11.1 |
2005 |
15.1 |
19.8 |
11.5 |
2006 |
15.4 |
20.3 |
11.7 |
2007 |
16.0 |
20.5 |
12.6 |
Workers 65 and over by work schedule, 1977-2007
| Year |
Employed, 65 and over, percent distribution |
| Usually work full-time |
Usually work part-time |
1977 |
48.7 |
51.3 |
1978 |
48.1 |
51.9 |
1979 |
49.2 |
50.8 |
1980 |
49.0 |
51.0 |
1981 |
48.9 |
51.1 |
1982 |
48.4 |
51.6 |
1983 |
48.7 |
51.3 |
1984 |
49.3 |
50.7 |
1985 |
48.5 |
51.5 |
1986 |
47.7 |
52.3 |
1987 |
48.6 |
51.3 |
1988 |
49.3 |
50.8 |
1989 |
48.9 |
51.1 |
1990 |
48.5 |
51.5 |
1991 |
47.4 |
52.6 |
1992 |
47.9 |
52.1 |
1993 |
47.4 |
52.5 |
1994 |
45.4 |
54.6 |
1995 |
43.7 |
56.3 |
1996 |
45.6 |
54.4 |
1997 |
47.0 |
53.0 |
1998 |
46.0 |
54.0 |
1999 |
46.3 |
53.7 |
2000 |
48.8 |
51.2 |
2001 |
49.9 |
50.1 |
2002 |
52.2 |
47.8 |
2003 |
53.5 |
46.5 |
2004 |
53.3 |
46.7 |
2005 |
54.0 |
46.0 |
2006 |
55.6 |
44.4 |
2007 |
56.3 |
43.7 |
Percentage distribution of employed women age 65 and over by marital status, 1977 and 2007
| Year |
Married |
Never married |
Widowed, divorced, or separated |
1977 |
33 |
11 |
56 |
2007 |
47 |
6 |
48 |
Employment distribution by age and education, 1997 and 2007
|
Age 65 and over |
Age 25-64 |
| 1997 |
2007 |
1997 |
2007 |
Bachelor's degree or higher |
25.1% |
31.0% |
29.5% |
34.4% |
Some college or associate degree |
21.0% |
22.1% |
27.7% |
27.7% |
High school graduates, no college |
32.6% |
34.0% |
32.7% |
29.0% |
Less than a high school diploma |
21.3% |
12.8% |
10.1% |
9.0% |
Median weekly earnings of full-time workers by age and sex, 1979 and 2007
| Age and sex |
1979 |
2007 |
Total, 16 and over |
$240 |
$695 |
Men, 16 and over |
$291 |
$766 |
Women, 16 and over |
$182 |
$614 |
Total, 65 and over |
$198 |
$605 |
Men, 65 and over |
$219 |
$686 |
Women, 65 and over |
$170 |
$534 |
December-to-December annual increases in the experimental consumer price index for the elderly and the consumer price index for all urban consumers, 1983-2007
Year |
Annual percent change |
| CPI-Elderly |
CPI-All urban |
1983 |
3.7 |
3.8 |
1984 |
4.1 |
3.9 |
1985 |
4.1 |
3.8 |
1986 |
1.8 |
1.1 |
1987 |
4.5 |
4.4 |
1988 |
4.5 |
4.4 |
1989 |
5.2 |
4.6 |
1990 |
6.6 |
6.1 |
1991 |
3.4 |
3.1 |
1992 |
3.0 |
2.9 |
1993 |
3.1 |
2.7 |
1994 |
2.7 |
2.7 |
1995 |
2.8 |
2.5 |
1996 |
3.4 |
3.3 |
1997 |
1.8 |
1.7 |
1998 |
1.9 |
1.6 |
1999 |
2.8 |
2.7 |
2000 |
3.6 |
3.4 |
2001 |
1.9 |
1.6 |
2002 |
2.6 |
2.4 |
2003 |
2.1 |
1.9 |
2004 |
3.4 |
3.3 |
2005 |
3.6 |
3.4 |
2006 |
2.7 |
2.5 |
2007 |
4.0 |
4.1 |
Participation in defined contribution and defined benefit retirement plans, all private industry, 1992-93, 1996-97, 2000, and 2007
| Year |
Percent participating |
| Defined contribution |
Defined benefit |
1992-93 |
35 |
32 |
1996-97 |
40 |
27 |
2000 |
36 |
19 |
2007 |
43 |
20 |
Projected percentage change in labor force by age, 2006-2016
| Age |
Precent change 2006-16 |
Total, 16 years and older |
8.5 |
75 and older |
84.3 |
65 to 74 |
83.4 |
55 to 64 |
36.5 |
25 to 54 |
2.4 |
16 to 24 |
-6.9 |
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