Labor force participation in the U.S. is expected to decline the most drastically in the 16- to 19-year-old age group to 5,617,000 participants by 2033 which would indicate an 19.3 percent decline compared with the previous reporting period. Participation is projected to hold steady for 25-to-54-year olds. Between now and 2033, the labor force is expected to see its highest increases in those 65 and older, and most extremely for those 75 and older.

Labor force participation in the U.S. is expected to decline the most drastically in the 16- to 19-year-old age group to 5,617,000 participants by 2033. Participation rates have and are projected to hold steady for 25-to-54-year olds. Between now and 2033, the labor force participation rate is expected to decrease for almost all age groups, except for those aged 65 and older.

Labor force participation in the U.S. is expected to decline the most drastically in the 16- to 19-year-old age group. Participation rates have and are projected to hold steady for 25-to-54-year olds. The labor force participation rate is expected to increase to 30.4 percent by 2033 for those aged 65 to 74, as the retirement age in the U.S. increases from 66 to 67. Interestingly, participation for those 75 and older is expected to nearly double between 2003 and 2033.