Analysis of Labour Force 2000 to 2015

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Analysis of the changes in the labour force in the USA from 2000 to 2015 and what the rate WOULD be if 2000 participation rates had held.

Transcript of Analysis of Labour Force 2000 to 2015

Page 1: Analysis of Labour Force 2000 to 2015

Bureau of Labor Statistics

Year16-24 Sep

25-34 Sep

35-44 Sep

45-54 Sep

55-64 Sep 65+ Sep Total

2000 34,310 38,604 44,391 37,848 24,435 33,576 213,164 2001 34,965 38,546 44,042 39,147 25,288 33,677 215,665 2002 35,436 38,526 43,746 39,961 26,634 33,803 218,106 2003 35,979 39,072 43,691 40,706 28,006 34,325 221,779 2004 36,475 38,976 43,169 41,420 29,204 34,698 223,942 2005 36,735 39,118 42,968 42,296 30,408 35,168 226,693 2006 37,027 39,301 42,696 43,047 31,614 35,733 229,418 2007 37,467 39,874 42,318 43,675 32,775 36,351 232,460 2008 37,547 40,131 41,576 44,094 33,693 37,318 234,359 2009 37,606 40,388 40,799 44,450 34,937 38,143 236,323 2010 37,948 41,045 40,014 44,296 36,143 38,877 238,323 2011 38,203 41,505 39,452 43,771 37,203 39,937 240,071 2012 38,800 41,072 39,632 43,555 38,435 42,278 243,772 2013 38,822 41,685 39,599 43,181 39,171 43,710 246,168 2014 38,679 42,242 39,568 42,777 39,931 45,249 248,446 2015 38,525 42,901 39,719 42,619 40,765 46,798 251,327

Year Sep Sep Sep Sep Sep Sep Total2000 21,988 32,462 37,603 31,223 14,484 4,389 142,149 2001 22,008 32,398 37,136 32,238 15,370 4,452 143,602 2002 21,972 32,265 36,778 32,812 16,747 4,592 145,166 2003 21,607 32,330 36,612 33,377 17,383 4,858 146,167 2004 21,651 32,252 36,160 33,856 18,143 5,124 147,186 2005 21,842 32,511 36,220 34,567 19,247 5,451 149,838 2006 21,901 32,720 35,886 35,292 20,232 5,604 151,635 2007 21,917 33,264 35,468 35,810 20,986 5,956 153,401 2008 21,722 33,475 35,113 36,105 21,640 6,454 154,509 2009 20,746 33,267 34,270 36,128 22,543 6,663 153,617 2010 20,478 33,680 33,403 35,906 23,500 6,886 153,853 2011 20,779 33,913 32,618 35,343 24,142 7,227 154,022 2012 20,861 33,597 32,813 35,095 24,831 7,878 155,075 2013 21,183 33,869 32,687 34,469 25,131 8,197 155,536 2014 20,959 34,285 32,570 34,064 25,637 8,390 155,905 2015 20,611 34,606 32,798 33,796 25,937 8,858 156,606

Year Sep Sep Sep Sep Sep Sep Sep2000 64.1% 84.1% 84.7% 82.5% 59.3% 13.1% 66.7%2001 62.9% 84.1% 84.3% 82.4% 60.8% 13.2% 66.6%2002 62.0% 83.7% 84.1% 82.1% 62.9% 13.6% 66.6%2003 60.1% 82.7% 83.8% 82.0% 62.1% 14.2% 65.9%2004 59.4% 82.7% 83.8% 81.7% 62.1% 14.8% 65.7%2005 59.5% 83.1% 84.3% 81.7% 63.3% 15.5% 66.1%2006 59.1% 83.3% 84.1% 82.0% 64.0% 15.7% 66.1%2007 58.5% 83.4% 83.8% 82.0% 64.0% 16.4% 66.0%

Labour Force

Participation Rate

Population

Source: Bureau of Labor Statistics Generated on: October 22, 2015 (09:43:51 AM)

Page 2: Analysis of Labour Force 2000 to 2015

Bureau of Labor Statistics2008 57.9% 83.4% 84.5% 81.9% 64.2% 17.3% 65.9%2009 55.2% 82.4% 84.0% 81.3% 64.5% 17.5% 65.0%2010 54.0% 82.1% 83.5% 81.1% 65.0% 17.7% 64.6%2011 54.4% 81.7% 82.7% 80.7% 64.9% 18.1% 64.2%2012 53.8% 81.8% 82.8% 80.6% 64.6% 18.6% 63.6%2013 54.6% 81.2% 82.5% 79.8% 64.2% 18.8% 63.2%2014 54.2% 81.2% 82.3% 79.6% 64.2% 18.5% 62.8%2015 53.5% 80.7% 82.6% 79.3% 63.6% 18.9% 62.3%

Year16-24 Sep

25-34 Sep

35-44 Sep

45-54 Sep

45-54 Sep 65+ Sep Total

2015 At 2000 Rate 24,689 36,075 33,645 35,159 24,164 6,117 159,850 Rate From 2000 64.1% 84.1% 84.7% 82.5% 59.3% 13.1% 66.7%Actual 2015 Rate 53.5% 80.7% 82.6% 79.3% 63.6% 18.9% 62.3%Participation Delta (4,078) (1,469) (847) (1,363) 1,773 2,741 (3,244)

Total under 55 (7,758) What Rate Would Be If 2000 Numbers Continued 64.1% 84.1% 84.7% 82.5% 59.3% 13.1% 63.6%What Rate Would Be If Over 55 2000 Numbers Continued And The Rest Went to 2015 20,611 34,606 32,798 33,796 24,164 6,117 152,092 Rate 53.5% 80.7% 82.6% 79.3% 59.3% 13.1% 60.5%

Analysis of 2000 Participation Vs. 2015

Source: Bureau of Labor Statistics Generated on: October 22, 2015 (09:43:51 AM)