Labor Force Participation Rate, 55+

Whether economies are offsetting aging by extending working lives — key to fiscal sustainability.

37.2%

Trend YoY growth is -0.5%, slowing by 1 bps/month over the last 5Y. Latest: -0.9%, 44 bps below trend, a 1.2σ deviation.

Level

YoY Change

y = 0.1% 1 bps/mo · t

Deviation from trend

Forecast

Rolling 1Y trend forecast

Forecast made inApr '25May '25Jun '25Jul '25Aug '25Sep '25Oct '25Nov '25Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26Dec '26Jan '27Feb '27Mar '27
Apr '25-0.2%-0.2%-0.2%-0.2%-0.2%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%
May '25-0.2%-0.2%-0.2%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%-0.1%
Jun '25-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%-0.2%
Jul '25-0.2%-0.2%-0.3%-0.3%-0.3%-0.3%-0.3%-0.3%-0.3%-0.3%-0.3%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.4%-0.5%
Aug '25-0.3%-0.3%-0.4%-0.4%-0.4%-0.4%-0.4%-0.5%-0.5%-0.5%-0.5%-0.5%-0.6%-0.6%-0.6%-0.6%-0.6%-0.7%-0.7%-0.7%
Sep '25-0.4%-0.4%-0.5%-0.5%-0.5%-0.6%-0.6%-0.6%-0.7%-0.7%-0.7%-0.7%-0.8%-0.8%-0.8%-0.9%-0.9%-0.9%-1.0%
Oct '25-0.4%-0.5%-0.5%-0.5%-0.5%-0.6%-0.6%-0.6%-0.6%-0.7%-0.7%-0.7%-0.7%-0.8%-0.8%-0.8%-0.8%-0.9%
Nov '25-0.6%-0.7%-0.7%-0.8%-0.8%-0.9%-0.9%-1.0%-1.0%-1.1%-1.1%-1.2%-1.2%-1.3%-1.3%-1.4%-1.4%
Dec '25-0.6%-0.6%-0.7%-0.7%-0.8%-0.8%-0.8%-0.9%-0.9%-1.0%-1.0%-1.1%-1.1%-1.1%-1.2%-1.2%
Jan '26-0.8%-0.8%-0.9%-1.0%-1.0%-1.1%-1.1%-1.2%-1.3%-1.3%-1.4%-1.4%-1.5%-1.6%-1.6%
Feb '26-1.0%-1.0%-1.1%-1.2%-1.3%-1.4%-1.5%-1.5%-1.6%-1.7%-1.8%-1.9%-2.0%-2.0%
Mar '26-1.1%-1.2%-1.2%-1.3%-1.4%-1.5%-1.6%-1.7%-1.8%-1.9%-2.0%-2.1%-2.2%