Exhibit 3 also shows that, until recently, the decline in the labor force participation rate of successive generations of men had been more than offset by a steady increase in the participation rates for each new generation of women.
Women born in the 1920s and 1930s had low participation rates at age 30, but three-fourths of 30-year-olds born in 1960 were in the labor force. However, participation rates for more recent generations of 30-year-old women have not risen any further.