The LFPR for workers over the retirement age of 65 was 11.5 percent in 1992. It rose to 13.2 percent in 2002 and to 18.5 percent in 2012. It's projected to hit 23 percent in 2022.
http://www.nationaljournal.com/all-powers/why-are-fewer-people-looking-for-jobs-20140121
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