Copy table in the Job Report 2020

Aug 6th, 2022
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However, Gen Zers still sit 1.1 percentage point below their pre-COVID workforce participation rates, ing to data from the Bureau of Labor Statistics. More than 400,000 Americans in their 20s are missing from the workforce even those in their late 20s are seeing declines in participation and employment.
The unemployment rate for people ages 16 to 24 in the United States in 2023 was 9.7 percent. However, this rate was much lower for people aged 45 and over, at 2.6 percent.
Published by the Bureau of Labor Statistics (BLS) at 8:30 am ET on the first Friday of each month, the jobs report, aka the Employment Situation Summary, is an estimate of: The total number of workers in the U.S. (minus farm jobs) Their average hourly earnings. The number of hours worked weekly.
Persons who are neither employed nor unemployed are not in the labor force.
The data analyzed by PeopleReady Skilled Trades shows that 40% of the 12 million people in the skilled trades workforce are over the age of 45, with nearly half of those workers over the age of 55, and less than 9% of workers aged 19-24 entering the trades.
Civilian labor force participation rate by age, sex, race, and ethnicity GroupParticipation rate, 2002Participation rate, 2022 16 to 19 47.4 36.8 20 to 24 76.4 71.0 25 to 54 83.3 82.4 25 to 34 83.7 83.244 more rows Sep 6, 2023
Occupation OccupationMedian AgeAge 55+ Share Total employed 42.2 23.62% Management, professional, and related occupations (Total) 43.8 24.67% Management occupations 46.5 28.93% Business and financial operations occupations 43.1 23.73%21 more rows
For example, among 25- to 34-year-olds whose highest level of educational attainment was high school completion,4 employment rates were 74 percent in 2019, then 68 percent in 2021, and then 73 percent in 2022.

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