The US workforce has gotten significantly older and more diverse

Federal labor economists recently analyzed federal labor data to see just how much the nation’s labor force has changed in recent decades, according to a Sept. 1 blog post on the US Bureau of Labor Statistics site. In examining the Consumer Population Survey data, the economists looked “peak to peak,” zeroing in on 1979 and 2019 — two high points of employment and economic activity.Here’s a quick look at how the American labor force has changed and some of the reasons behind the biggest shifts in its composition.The workforce is undoubtedly olderIn 1979, people aged 65 and older accounted for 3% of the nation’s workforce, representing the smallest contingent.

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