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Senior Citizen Statistics
Senior Citizens Becoming More Interested in Labor
Day Break
Older Americans leading growth in American
workforce
September 4, 2006 – Labor Day is becoming a more
important holiday for senior citizens, as a larger percentage of
Americans age 65 and older are joining the workforce. Older Americans
are the fastest growing age group of American workers and this is
expected to continue.
A study by the U.S. Bureau of Labor Statistics
looked at male and female workers by age groups that were not living in
institutions.
The study found 17.7 percent of senior men in the
workforce in 2000 but project this will grow to 20.8% by 2012. This is
an increase of 3.1 percentage points, while the total percent of
American males in the workforce is expected to decrease by 1.7
percentage points over the same period.
The percentage point gain for senior citizen men is
larger than any other age group.
The number of women in the work, on the other hand,
is projected to increase by 1.7 percentage points. The percentage of
senior women working is expected to increase even more, by 2.7 percentage points.
But, this gain in senior women working is dwarfed by the number of women
between the ages of 55 and 64 who will be working – an 8.7 percentage
point jump over 2000.
| |
% Change
in Males in Workforce 2000-2012 |
| |
 |
| |
% Change
in Females in Workforce 2000-2012 |
| |
 |
|
|
2000 |
2012 |
Ch. |
|
Male
|
74.8 |
73.1 |
-1.7 |
|
20 to 24
years |
82.6 |
81.4 |
-1.2 |
|
25 to 34
years |
93.4 |
92.5 |
-0.9 |
|
35 to 44
years |
92.7 |
92.3 |
-0.4 |
|
45 to 54
years |
88.6 |
88.6 |
0.0 |
|
55 to 64
years |
67.3 |
69.9 |
2.6 |
|
65 years and
over |
17.7 |
20.8 |
3.1 |
|
|
|
|
|
|
|
2000 |
2012 |
Ch. |
|
Female
|
59.9 |
61.6 |
1.7 |
|
20 to 24
years |
73.1 |
75.1 |
2.0 |
|
25 to 34
years |
76.1 |
78.2 |
2.1 |
|
35 to 44
years |
77.2 |
79.9 |
2.7 |
|
45 to 54
years |
76.8 |
79.8 |
3.0 |
|
55 to 64
years |
51.9 |
60.6 |
8.7 |
|
65 years and
over |
9.4 |
12.1 |
2.7 |
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