The labor force participation rate in the US edged down to 61.6 percent in May 2021 and has remained within a narrow range of 61.4 percent to 61.7 percent since June 2020. The participation rate is 1.7 percentage points lower than in February 2020. source: U.S. Bureau of Labor Statistics

Labor Force Participation Rate in the United States averaged 62.86 percent from 1948 until 2021, 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. United States Labor Force Participation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Labor Force Participation Rate in the United States is expected to be 61.70 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 62.70 percent in 2022 and 62.90 percent in 2023, according to our econometric models.

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United States Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.60 61.70 67.30 58.10 1948 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-05 01:30 PM Feb 61.4% 61.4% 61.5%
2021-04-02 12:30 PM Mar 61.5% 61.4% 61.7%
2021-05-07 12:30 PM Apr 61.7% 61.5% 61.7%
2021-06-04 12:30 PM May 61.6% 61.7% 61.8%
2021-07-02 12:30 PM Jun 61.6% 61.7%
2021-08-06 12:30 PM Jul
2021-09-03 12:30 PM Aug
2021-10-08 12:30 PM Sep

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 6.10 14.80 2.50 percent [+]
Non Farm Payrolls 559.00 278.00 4846.00 -20679.00 Thousand [+]
Nonfarm Payrolls Private 492.00 219.00 4807.00 -19731.00 Thousand [+]
Government Payrolls 67.00 59.00 517.00 -948.00 Thousand [+]
Manufacturing Payrolls 23.00 -32.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 412.00 375.00 6149.00 162.00 Thousand [+]
Continuing Jobless Claims 3518.00 3517.00 23128.00 988.00 Thousand [+]
ADP Employment Change 978.00 654.00 4350.00 -19392.00 Thousand [+]
Employed Persons 151620.00 151176.00 158735.00 57172.00 Thousand [+]
Unemployed Persons 9316.00 9812.00 23109.00 1596.00 Thousand [+]
Average Hourly Earnings 0.50 0.70 4.60 -1.30 percent [+]
Average Weekly Hours 34.90 34.90 34.90 33.70 Hours [+]
Labor Force Participation Rate 61.60 61.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 2.33 2.60 4.40 0.08 percent [+]
Youth Unemployment Rate 9.90 11.00 27.40 4.80 percent [+]
Labour Costs 119.07 118.56 119.07 17.00 points [+]
Productivity 112.73 111.26 112.73 25.99 points [+]
Job Vacancies 9982.00 8237.00 9982.00 2157.00 Thousand [+]
Job Offers 9286.00 8288.00 9286.00 2232.00 Thousand [+]
Challenger Job Cuts 24586.00 22913.00 671129.00 15100.00 Persons [+]
Wages 25.60 25.46 25.60 2.50 USD/Hour [+]
Wages in Manufacturing 23.53 23.46 23.53 1.27 USD/Hour [+]
Wage Growth 4.41 0.10 13.78 -6.64 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.90 0.70 2.00 0.20 percent [+]
Population 329.48 328.33 329.48 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 58.00 57.90 64.70 51.30 percent [+]
Full Time Employment 126384.00 126161.00 131755.00 64640.00 Thousand [+]
Pandemic Unemployment Assistance Claims 118.03 71.30 1352.29 32.08 Thousand [+]
Part Time Employment 25202.00 25024.00 28134.00 10086.00 Thousand [+]
Jobless Claims 4-week Average 395.00 403.00 5301.25 179.00 Thousand [+]


United States Labor Force Participation Rate
The civilian labor force participation rate is the number of employed and unemployed but looking for a job as a percentage of the population aged 16 years and over.