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According to a 2007 AARP report, the labor force participation rate* of Americans ages 50-64 was 70% in 2006; for ages 75-74, the rate was 22.8%, and 6.5% for ages 75 and older. (p. 21)
*Labor force participation rate is the ratio of those employed and those without a job and looking for work to the adult civilian noninstitutionalized population.
AARP. (2007). The state of 50+ America 2007. Washington, DC: AARP Public Policy Institute. Retrieved November 1, 2007 from http://assets.aarp.org/rgcenter/econ/fifty_plus_2007.pdf
The report examines 25 indicators of health, economic, and social well-being taken from the 2006 AARP Aging Indicators Study, the Census Bureau's Current Population Survey, the National Health Interview Survey, the Bureau of Labor Statistics' Consumer Expenditure Survey, the Federal Reserve's Survey of Consumer Finances, the Medicare Current Beneficiary Survey, the Henry J. Kaiser Family Foundation, and the Centers for Disease Control and Prevention's Behavioral Risk Factor Surveillance System.
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140 Commonwealth Avenue - McGuinn, 6th Floor - Chestnut Hill, MA 02467
Email: age.work@bc.edu - Phone: 617.552.9195 - Fax: 617.552.9202
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