By 2020, which of the following groups will have the highest labor force participation rate?
A) 16-24 year olds
B) 25-54 year olds
C) 55-64 year olds
D) 65-74 year olds

Question

Quizplus · Accepted Answer

According to projections from the Bureau of Labor Statistics, the labor force participation rate for age group 25-54 is expected to remain the highest among all age groups, followed by the 55-64 age group. The participation rate for the 16-24 age group is expected to be lower due to trends such as increasing college enrollment and delay in entering the workforce. The participation rate for the 65-74 age group is also expected to increase, but not to the same extent as the younger age groups.

By 2020, Which of the Following Groups Will Have the Highest