Friday, October 9, 2015

#THISisReTiredArgument

Labor force projections to 2014: retiring boomers
GroupLevel (thousands)Change (thousands)
19841994200420141984–941994–20042004–14
Total, 16 years and older113,544131,056147,401162,10017,51216,34514,699
16 to 24 years23,98921,61222,26822,158–2,377656–110
25 to 54 years74,66193,898102,122105,62719,2378,2243,505
55 years and older14,89415,54623,01134,3156527,46511,304

Population, totals
1984
Population - 235,825,000
2014
Population - 318,857,056

Population 55 Years and Over by Sex and Age: 2012
Under 55 - 229,349,000
Over 55 - 79,477,000
Population 55 Years and Over by Sex and Age: 2008
Under 55 - 229,014,000
Over 55 - 70,091,000

Civilian labor force participation rate (percent of population 16 years old and older)
Jan. 1984 - 63.9%
Jan. 2000 - 67.3% (peak)
Jan. 2008 - 66.2%
Jan. 2014 - 63.0%

Civilian labor force (thousands)
Jan. 1984 - 112,209,000
Jan. 2000 - 142,267,000 (peak)
Jan. 2008 - 154,063,000
Jan. 2014 - 155,486,000

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