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CBO The Labor Force, Employment, The 2016 Economic Outlook in 17 Slides

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CBO

The Labor Force, Employment, and Unemployment

Percentage of the Population

70 Actual E Projected



65
60
55 Labor Force
Participation
50 _ Rate
0 l l I l l l l
1955 1965 1975 1985 1995 2005 2015 2025

The percentage of the population that is employed is projected to remain roughly unchanged over the next
few years and then decrease through 2026 because of declining participation in the labor force, mainly by
baby boomers as they age and move into retirement.

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