From Maine DOL <[email protected]>
Subject Demographics explain overarching workforce trends in the 2000’s
Date February 7, 2025 1:21 PM
  Links have been removed from this email. Learn more in the FAQ.
  Links have been removed from this email. Learn more in the FAQ.
News Release



For Immediate Release: February 7, 2025

*Demographics explain overarching workforce trends in the 2000’s*
"Changes in the age structure of the population have resulted in a rising share of the population not in the labor force"

AUGUSTA – The Maine Department of Labor’s Center for Workforce Research and Information [ [link removed] ] (CWRI) has published a new report, “Demographic and workforce changes in Maine.” [ [link removed] ]

The report documents population, jobs, and labor force participation trends in the 2000s, including:


* The share of jobs held by people aged 55 and over increased from 16 to 28 percent, while the share held by those aged 35–54 decreased from 50 to 40 percent.
* The population aged 35–54 decreased by 18 percent; the number of jobs held by this group decreased at a similar rate.
* The population increased by 43 percent for the 55–64 age group and by 70 percent for those aged 65 and over.
* Labor force participation rates have changed little for groups under 55 over the past two decades and are modestly higher today for groups aged 55 and above.

The report also identifies the reasons for, and characteristics of, people not in the labor force. The overwhelming majority are:

1) Retired (more than half)
2) Enrolled in school
3) Identify health or disability reasons
4) Identify home responsibilities reasons

The shifting age structure of the population explains overall trends in the workforce.

Read the full report here: [link removed]

________________________________________________________________________



Maine CareerCenters and Maine Department of Labor are equal opportunity providers.
Auxiliary aids and services are available to individuals with disabilities upon request.




" "
________________________________________________________________________

MDOL Logo

   Questions?
   Contact Us [ [link removed] ]



The Maine Department of Labor provides equal opportunity in employment and programs.
Auxiliary aids and services are available to individuals with disabilities upon request.

STAY CONNECTED: Social Media        

SUBSCRIBER SERVICES:
Manage Subscriptions [ [link removed] ]  |  Unsubscribe All [ [link removed] ] |  Subscriber Help [ [link removed] ]

________________________________________________________________________

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Maine Department of Labor · 54 State House Station · Augusta, Maine 04333 · (207) 623-7900 · TTY (for Deaf and hard of hearing): 1-800-794-1110 GovDelivery logo [ [link removed] ]
Screenshot of the email generated on import

Message Analysis