Chart 9 shows developments in the number of labor force participants and the labor force participation rates for working-age men and women as well as seniors aged 65 and over. The labor force participation rate for each group is defined as the ratio of labor force participants to the respective population.
In the past few years, the labor force participation rate of working-age men has increased somewhat while being at a high level. Meanwhile, the number of labor force participants among this group has been decreasing, along with the decline in the overall working-age population. In contrast, the labor force participation rate of working-age women has been rising consistently.