The share of workers in the U.S. labor force who are “prime working age” (ages 25-64) has significantly fallen since the mid-1990s, and older workers now make up a greater share of the workforce, ...
The Bureau of Labor Statistics (BLS) “monthly jobs report” last Friday closed the book on 2023, recording a continuing expansion of both labor supply and paid work in America last year—and ...
Workers age 55 and older left the labor force in large numbers following the onset of the COVID-19 pandemic. Four years later, participation within this age group has yet to return to pre-pandemic ...
The labor force participation (LFP) rate for prime-age workers surged from early 2021 through early 2023, especially for women. This helped reduce the large shortfall of available workers relative to ...