September 11, 2000 (The Editor’s Desk is updated each business day.)
Farmers have highest percentage of older workers
Farmers had the
highest percentage of workers aged 45 and older among all occupations in
1998.
[Chart data—TXT]
At 68.5 percent, farmers easily had the
highest percentage of workers aged 45 and older, more than double the
average for all employees. This is probably because farming is an
occupation declining in employment - which often means fewer younger
workers coming into the occupation.
Other occupations with higher
concentrations of older workers included construction inspectors—60.6
percent were age 45 or older—followed by real estate occupations at 59.8
percent. The large number of older workers in the real estate occupations
is due to the fact that many older workers take part-time real estate jobs
to supplement their retirement earnings.
These data are a product of the Current
Population Survey . Additional
information is available in the article "Gauging the labor
force effects of retiring baby-boomers" in the July 2000 Monthly
Labor Review.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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