[nhwingut]

Here's another snazzy chart. To explain why rate has dropped.

[Wyatt's Torch]

Here's the full chart dating back to the 50's...

(you should note that the rate peaked in the late 90's and has been falling ever since - oh and the participation rate for men has been falling since the 1950's)

[Wyatt's Torch]

And here's one that adjusts for # of employees as that has risen.