The labor force participation rate for older workers continues to decline, suggesting that many older workers displaced by COVID-19 job loss have left the labor market.
The economy added 225,000 jobs in January but the overall labor force participation rate of adults 55 and older was unchanged for the sixth month. Plus a look at unions and older workers.
Job growth weakened in December but the overall unemployment rate was unchanged at 3.5 percent. Plus a look at older workers and the regional jobs divide.
November showed strong job growth, but the labor force participation rate remained unchanged for the 55+ for the fourth consecutive month. Plus, a look at how unemployment is measured.
This month's Spotlight: BLS employment projections for the coming decade forecast that while employment growth is projected to slow, labor force participation rates of 65+ workers will continue to climb
Though the unemployment rate declined to 3.7 percent in September, job growth slowed compared with August, according to the Bureau of Labor Statistics’ September Employment Situation Summary.
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