The labor force participation rate of men aged 65 or older climbed to 24.0 percent in 2016, the highest rate since 1972. From an all-time low of 15.6 percent in 1993, the labor force participation rate of older men has climbed more than 8 percentage points in the past two decades. But it will be a while before the rate matches what it was in 1950, when 45.8 percent of men aged 65 or older were in the labor force.
Labor force participation rate of men aged 65 or older
1993: 15.6% (low point)
Source: Demo Memo analysis of Bureau of Labor Statistics, Labor Force Statistics from the Current Population Survey