Labor Force Participation Rate in the United States increased to 63.40 percent in January from 63.20 percent in December of 2019. It is the highest participation rate since June 2013. United States Labor Force Participation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Labor Force Participation Rate in the United States averaged 62.88 percent from 1948 until 2020, 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. This page provides the latest reported value for - United States Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Labor Force Participation Rate in the United States is expected to be 63.30 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 62.90 in 12 months time. In the long-term, the United States Labor Force Participation Rate is projected to trend around 62.90 percent in 2021, according to our econometric models.