Labor force projected at 162.1 million by 2014
December 08, 2005
The civilian labor force is projected to increase by 14.7 million over the 2004-14 decade, reaching 162.1 million by 2014. This 10 percent increase is smaller than the 12.5-percent increase of 1994-2004.
The projected labor force growth will be affected by the aging of the baby-boom generation—persons born between 1946 and 1964. The labor force will continue to age, with the number of workers in the 55-and-older group projected to grow by 49.1 percent, nearly 5 times the growth projected for the overall labor force.
Over the 2004-14 period, the number of women in the labor force is projected to grow by 10.9 percent, faster than the 9.1-percent growth projected for men. As a result, women's share of the labor force is expected to increase from 46.4 percent in 2004 to 46.8 percent by 2014.
These projections are products of the Economic and Employment Projections program. More detailed information on the 2004-14 projections appears in five articles in the November 2005 issue of the Monthly Labor Review.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Labor force projected at 162.1 million by 2014 on the Internet at http://www.bls.gov/opub/ted/2005/dec/wk1/art04.htm (visited December 03, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.