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 https://www.bls.gov/opub/ted/2005/dec/wk1/art04.htm (visited July 27, 2017).
Recent editions of Spotlight on Statistics
Women in the workforce before, during, and after the Great Recession
A look at trends and projections in the labor force participation of women from the 1950s to 2024.
Employer-sponsored healthcare coverage across wage groups
A look at the relationship between employee wages and access to, participation in, and costs of employer-sponsored medical, dental, and vision care benefit plans.
Sports and Exercise
A look at participation and time spent in sports and exercise activities.
Women at Work
A look at women's labor force participation and earnings, how women spend their time and money, the nature of fatal work injuries, and labor force projections for the future.