Economic Snapshot
Hispanic workers are much less likely to participate in retirement plans: Retirement plan participation for workers age 32–61 who work 35 or more hours per week and 50 or more weeks per year, by race and ethnicity, 1980–2016
White | Black | Asian and other | Hispanic | White (post 2012) | Black (post 2012) | Asian and other (post 2012) | Hispanic (post 2012) | |
---|---|---|---|---|---|---|---|---|
1979 | 62.0% | 57.5% | 53.3% | 49.1% | ||||
1980 | 61.3% | 57.3% | 48.6% | 50.2% | ||||
1981 | 61.3% | 59.2% | 53.9% | 48.1% | ||||
1982 | 60.3% | 60.5% | 53.4% | 48.4% | ||||
1983 | 59.8% | 60.5% | 51.2% | 48.8% | ||||
1984 | 58.9% | 60.2% | 52.4% | 47.1% | ||||
1985 | 59.7% | 64.6% | 54.0% | 46.2% | ||||
1986 | 58.9% | 62.0% | 53.5% | 45.0% | ||||
1987 | 56.1% | 59.5% | 52.6% | 42.5% | ||||
1988 | 56.4% | 59.5% | 50.6% | 40.7% | ||||
1989 | 57.2% | 60.8% | 50.2% | 41.4% | ||||
1990 | 57.7% | 58.6% | 47.0% | 42.0% | ||||
1991 | 58.2% | 59.8% | 46.2% | 41.4% | ||||
1992 | 58.6% | 57.8% | 48.9% | 40.1% | ||||
1993 | 61.8% | 57.7% | 53.2% | 41.3% | ||||
1994 | 64.0% | 63.1% | 55.1% | 42.3% | ||||
1995 | 63.5% | 63.3% | 51.8% | 40.9% | ||||
1996 | 64.2% | 61.0% | 53.3% | 44.5% | ||||
1997 | 63.9% | 60.6% | 52.7% | 40.8% | ||||
1998 | 65.4% | 60.9% | 56.3% | 43.2% | ||||
1999 | 64.1% | 60.0% | 53.9% | 41.4% | ||||
2000 | 64.2% | 56.6% | 51.0% | 40.3% | ||||
2001 | 62.7% | 57.8% | 52.2% | 39.0% | ||||
2002 | 61.2% | 56.0% | 50.9% | 37.6% | ||||
2003 | 61.7% | 57.3% | 52.4% | 38.5% | ||||
2004 | 60.8% | 56.1% | 53.5% | 36.0% | ||||
2005 | 60.1% | 54.4% | 50.9% | 35.4% | ||||
2006 | 57.6% | 50.8% | 48.9% | 33.0% | ||||
2007 | 60.8% | 53.6% | 52.2% | 35.3% | ||||
2008 | 59.9% | 53.5% | 50.5% | 35.5% | ||||
2009 | 58.7% | 53.4% | 50.2% | 36.9% | ||||
2010 | 58.7% | 54.9% | 51.2% | 36.9% | ||||
2011 | 58.9% | 54.6% | 50.6% | 35.2% | ||||
2012 | 58.8% | 52.6% | 51.2% | 34.5% | 58.8% | 52.6% | 51.2% | 34.5% |
2013 | 56.5% | 52.2% | 49.3% | 35.1% | ||||
2014 | 50.7% | 46.9% | 44.0% | 31.0% | ||||
2015 | 47.1% | 44.0% | 41.4% | 31.0% |
White denotes Non-Hispanic White, Black denotes Non-Hispanic Black, and Hispanic includes Hispanic of any race. Dotted lines represent a change in the survey.
Source: EPI analysis of Current Population Survey data (IPUMS-CPS, University of Minnesota)
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