The labor force participation rate for men hit an all-time low of 68.7 percent in September, the Labor Department’s Bureau of Labor Statistics reported on Friday.
Last month, according to BLS, the male civilian non-institutional population, consisting of all males 16 or older who are not in the military or an institution was 121,365,000. Of those 121,365,000 men, 83,402,000 participated in the labor force by either holding a job or actively seeking one.
The 83,402,000 men who participated in the labor force in September equaled 68.7 percent of the 121,365,000 male civilian noninstitutional population. That is the lowest labor force participation rate for men since BLS began keeping the labor force participation rate in 1948.
In January 1948, 86.7 percent of men 16 and over were participating in the natilabor force. The participation rate for men was 72.4 percent when President Obama took office in 2009.