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10/1/2012 0 Comments

Labor Department Updates Participation Stats

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The Bureau of Labor Statistics has released its latest update on the degree of access to and participation in retirement plans by private industry workers. As of March 2012, 65% of private industry workers had access and 48% participated. Access and participation are significantly higher for professional and managerial employees as compared to those in the service industries. Similar trends are found for union vs. non-union members, full-time vs. part-time, higher-paid vs. lower-paid, and large companies vs. small companies.The attached chart and its related data are from the BLS website at http://www.bls.gov/opub/ted/2012/ted_20120921.htm

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    Blog Author - Ken Felsher

    With over 25 years of writing, editing, and research experience. I enjoy sharing with my readers my love of working with content on a variety of subjects.

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