US Labor Force Participation Rate (I:USLFPR)
Level Chart
Basic Info
|
US Labor Force Participation Rate is at 62.70%, compared to 62.50% last month and 62.60% last year. This is lower than the long term average of 62.84%. |
|
The US Labor Force Participation Rate, provided by the Bureau of Labor Statistics, is the sum of total number of employed persons and unemployed persons looking for work in the United States as a percentage of the working age population. Historically, there has been a negative trend from the 2000s of 67.10% participation to the 2010s 62.50% participation as the baby-boomer age group has begun shifting out of the working age population. Also, In particularly dire economic conditions, the labor force participation rate can drop as people give up looking for work. |
| Report | Employment Situation |
| Categories | Employment , Hours and Wages |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 62.70% |
| Latest Period | Mar 2024 |
| Last Updated | Apr 5 2024, 08:34 EDT |
| Next Release | May 3 2024, 08:30 EDT |
| Long Term Average | 62.84% |
| Average Growth Rate | 0.10% |
| Value from Last Month | 62.50% |
| Change from Last Month | 0.32% |
| Value from 1 Year Ago | 62.60% |
| Change from 1 Year Ago | 0.16% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| March 31, 2024 | 62.70% |
| February 29, 2024 | 62.50% |
| January 31, 2024 | 62.50% |
| December 31, 2023 | 62.50% |
| November 30, 2023 | 62.80% |
| October 31, 2023 | 62.70% |
| September 30, 2023 | 62.80% |
| August 31, 2023 | 62.80% |
| July 31, 2023 | 62.60% |
| June 30, 2023 | 62.60% |
| May 31, 2023 | 62.60% |
| April 30, 2023 | 62.60% |
| March 31, 2023 | 62.60% |
| February 28, 2023 | 62.50% |
| January 31, 2023 | 62.40% |
| December 31, 2022 | 62.30% |
| November 30, 2022 | 62.10% |
| October 31, 2022 | 62.30% |
| September 30, 2022 | 62.30% |
| August 31, 2022 | 62.40% |
| July 31, 2022 | 62.10% |
| June 30, 2022 | 62.20% |
| May 31, 2022 | 62.30% |
| April 30, 2022 | 62.20% |
| March 31, 2022 | 62.30% |
| Date | Value |
|---|---|
| February 28, 2022 | 62.20% |
| January 31, 2022 | 62.20% |
| December 31, 2021 | 62.00% |
| November 30, 2021 | 61.90% |
| October 31, 2021 | 61.80% |
| September 30, 2021 | 61.70% |
| August 31, 2021 | 61.70% |
| July 31, 2021 | 61.80% |
| June 30, 2021 | 61.70% |
| May 31, 2021 | 61.50% |
| April 30, 2021 | 61.60% |
| March 31, 2021 | 61.50% |
| February 28, 2021 | 61.40% |
| January 31, 2021 | 61.30% |
| December 31, 2020 | 61.50% |
| November 30, 2020 | 61.50% |
| October 31, 2020 | 61.60% |
| September 30, 2020 | 61.40% |
| August 31, 2020 | 61.70% |
| July 31, 2020 | 61.50% |
| June 30, 2020 | 61.40% |
| May 31, 2020 | 60.80% |
| April 30, 2020 | 60.20% |
| March 31, 2020 | 62.70% |
| February 29, 2020 | 63.40% |
Basic Info
|
US Labor Force Participation Rate is at 62.70%, compared to 62.50% last month and 62.60% last year. This is lower than the long term average of 62.84%. |
|
The US Labor Force Participation Rate, provided by the Bureau of Labor Statistics, is the sum of total number of employed persons and unemployed persons looking for work in the United States as a percentage of the working age population. Historically, there has been a negative trend from the 2000s of 67.10% participation to the 2010s 62.50% participation as the baby-boomer age group has begun shifting out of the working age population. Also, In particularly dire economic conditions, the labor force participation rate can drop as people give up looking for work. |
| Report | Employment Situation |
| Categories | Employment , Hours and Wages |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 62.70% |
| Latest Period | Mar 2024 |
| Last Updated | Apr 5 2024, 08:34 EDT |
| Next Release | May 3 2024, 08:30 EDT |
| Long Term Average | 62.84% |
| Average Growth Rate | 0.10% |
| Value from Last Month | 62.50% |
| Change from Last Month | 0.32% |
| Value from 1 Year Ago | 62.60% |
| Change from 1 Year Ago | 0.16% |
| Frequency | Monthly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted |
| Download Source File | Upgrade |
Related Indicators
| US Labor Markets |
| US Nonfarm Payrolls MoM | 303.00K |
| US Real Average Hourly Earnings MoM | 0.00% |
| US Real Average Hourly Earnings YoY | 0.63% |
| US U-6 Unemployment Rate | 7.40% |
| US Unemployment Rate | 3.80% |