Much of that is due to demographics (retiring boomers, people staying in school longer) which is what the other figures try to take into account. Details: http

Much of that is due to demographics (retiring boomers, people staying in school longer) which is what the other figures try to take into account. Details: https://www.fas.org/sgp/crs/misc/R44055.pdf https://www.fas.org/sgp/crs/misc/R44055.pdf See page 11 (prime age employment-population ratio) if you want an EPR that accounts for this trend.