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According to a 2008 analysis of Bureau of Labor Statistics Current Population Survey data, the labor force participation rates for both women and men ages 55 and older have increased. Comparing the rate of increase for the years 1994-2007, there has been a 1.3% increase for men ages 55-59, 12.1% for ages 60-64, 28.0% for 65-69, 34.2% for ages 70-74, and 11.6% for ages 75 and older. For women, the increases are 12.5% for ages 55-59, 26.7% for ages 60-64, 43.6% for ages 65-69, 60.9% for ages 70-75, and 37.1% for ages 75 and older. (Table 5, p. 47)
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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