Labor Force Participation Rate in the United States increased to 63.30 percent in October from 63.20 percent in September of 2019. Labor Force Participation Rate in the United States averaged 62.99 percent from 1950 until 2019, reaching an all time high of 67.30 percent in January of 2000 and a record low of 58.10 percent in December of 1954.
Labor Force Participation Rate in the United States is expected to be 62.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in the United States to stand at 62.70 in 12 months time. In the long-term, the United States Labor Force Participation Rate is projected to trend around 62.90 percent in 2020, according to our econometric models.