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<blockquote data-quote="DriveInDriѵeOut" data-source="post: 1623404" data-attributes="member: 44954"><p>From the Bureau of Labor Statistics:</p><p><strong>The aging of the baby-boom generation is an example of a demographic change affecting the labor force participation rate.</strong> In 2000, baby boomers were ages 36 to 54 and were in the prime age group, with the highest participation rates. Every year after 2000, a segment of the baby-boom population has shifted into the 55-years-and-older age group, moving from the prime age group to one with much lower participation rates, causing the overall participation rate to decrease. This trend is expected to continue and even accelerate in the 2012–2022 time-frame</p><p><a href="http://www.bls.gov/opub/mlr/2013/article/labor-force-projections-to-2022-the-labor-force-participation-rate-continues-to-fall.htm" target="_blank">http://www.bls.gov/opub/mlr/2013/article/labor-force-projections-to-2022-the-labor-force-participation-rate-continues-to-fall.htm</a>.</p></blockquote><p></p>
[QUOTE="DriveInDriѵeOut, post: 1623404, member: 44954"] From the Bureau of Labor Statistics: [B]The aging of the baby-boom generation is an example of a demographic change affecting the labor force participation rate.[/B] In 2000, baby boomers were ages 36 to 54 and were in the prime age group, with the highest participation rates. Every year after 2000, a segment of the baby-boom population has shifted into the 55-years-and-older age group, moving from the prime age group to one with much lower participation rates, causing the overall participation rate to decrease. This trend is expected to continue and even accelerate in the 2012–2022 time-frame [URL]http://www.bls.gov/opub/mlr/2013/article/labor-force-projections-to-2022-the-labor-force-participation-rate-continues-to-fall.htm[/URL]. [/QUOTE]
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