As outlined in exhibit 5, several factors may work toward raising the labor force participation rate. In particular, increasing longevity and improvements in health may induce many more individuals to remain in the workforce well past age 65. For their part, employers, upon facing slower growth in the labor force, may look for ways to attract workers into the labor market.
In what could very well be one of the most significant gains we have achieved as a community that remains not well reported, we have seen a sizeable increase in the number of deposit account holders. As of June 2014, we had 46.9 million deposit accounts versus the 39.7 million deposit accounts as of two years before.