Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

The Demise of Retirement

The participation rate in the work force is the ratio of the number counted in the labor force divided by the total working age population.  Calculated Risk has a revealing graphic with the participation rate plotted as a function of age demographic.

 

Over the past twenty years the participation rates for the under-25 demographics have declined, with the under-20 group plummeting by about 34%.

At the other end of the age demographic, participation rates have skyrocketed.
The following table summarizes the rates of change from the Calculated Risk data: 
 


A graph of this data emphasizes the demographic shifts in employment: