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According to 2008 analysis of Bureau of Labor Statistics data, the number of men aged 50 and older in the workforce from 2005-2010 is 21,114,000. Of those, 4,490,000, or 21.3%, are projected to exit from the workforce during that time period. The number of women aged 50 and older in the workforce from 2005-2010 is 18,119,000. Of those, 4,201,000, or 23.2%, are projected to exit from the workforce during that time period. (Table 4, p. 46)
Gendell, M. (2008). Older workers: Increasing their labor force participation and hours of work. Monthly Labor Review, 131(1), 41-54. Retrieved from http://www.bls.gov/opub/mlr/2008/01/art3full.pdf
This report is based on the author's analysis of data collected annually by the Social Security Administration and on data from the Current Population Survey and Bureau of Labor Statistics.
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