More Americans are retiring early
Labor force participation for Americans above 55 has fallen further as older workers retired, willingly or not.
Labor force participation rate, Jan. 2020 - Nov. 2021 (seasonally adjusted)
Jan. 2020
83%
Nov. 2021
81.8%
25-54 years
The labor force participation rate has not returned to pre-pandemic levels for either age group.
40.3%
55 years and older
38.4%
Labor force participation rate, Jan. 2020 - Nov. 2021 (seasonally adjusted)
Jan. 2020
83%
Nov. 2021
81.8%
25-54 years
The labor force participation rate has not returned to pre-pandemic levels for either age group.
40.3%
55 years and older
38.4%
Labor force participation rate, Jan. 2020 - Nov. 2021 (seasonally adjusted)
Jan. 2020
83%
Nov. 2021
81.8%
25-54 years
The labor force participation rate has not returned to pre-pandemic levels for either age group.
40.3%
55 years and older
38.4%
