Does anyone know if this chart takes in account the aging of the potential working population?
Here is an article which gives figures and definitions.
https://www.thebalance.com/labor-force-participation-rate-formula-and-examples-3305805
One fact from it - the labor force is 0.5% lower due to opioid addiction
One other fact, the male labor force participation rate for >20 year olds has dropped from 78% to 72% in the last 20 years.