The US labor force participation rate dropped to 60.2 percent in April 2020 from 62.7 percent in the previous month, reflecting the negative effects of the coronavirus pandemic and efforts to contain it. That was the lowest rate since January 1973.

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. United States Labor Force Participation Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020.

Labor Force Participation Rate in the United States is expected to be 62.80 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 61.90 in 12 months time. In the long-term, the United States Labor Force Participation Rate is projected to trend around 62.70 percent in 2021 and 62.90 percent in 2022, according to our econometric models.

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United States Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
60.20 62.70 67.30 58.10 1948 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-02-07 01:30 PM Jan 63.4% 63.2% 63.1% 63.3%
2020-03-06 01:30 PM Feb 63.4% 63.4% 63.4%
2020-04-03 12:30 PM Mar 62.7% 63.4% 63.3% 63.3%
2020-05-08 12:30 PM Apr 60.2% 62.7% 61.9%
2020-06-05 12:30 PM May 60.2% 60%
2020-07-02 12:30 PM Jun 59.8%
2020-08-07 12:30 PM Jul
2020-09-04 12:30 PM Aug

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 14.70 4.40 14.70 2.50 percent [+]
Non Farm Payrolls -20500.00 -870.00 1118.00 -20500.00 Thousand [+]
Nonfarm Payrolls Private -19520.00 -842.00 1092.00 -19520.00 Thousand [+]
Government Payrolls -980.00 -28.00 427.00 -980.00 Thousand [+]
Manufacturing Payrolls -1330.00 -34.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 2438.00 2687.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 25073.00 22548.00 25073.00 988.00 Thousand [+]
ADP Employment Change -20236.00 -149.00 314.00 -20236.00 Thousand [+]
Employed Persons 133403.00 155772.00 158803.00 57172.00 Thousand [+]
Unemployed Persons 23078.00 7140.00 23078.00 1596.00 Thousand [+]
Average Hourly Earnings 4.70 0.50 4.70 -0.20 percent [+]
Average Weekly Hours 34.20 34.10 34.60 33.70 Hours [+]
Labor Force Participation Rate 60.20 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.60 0.71 4.40 0.08 percent [+]
Youth Unemployment Rate 27.40 10.30 27.40 4.80 percent [+]
Labour Costs 112.96 111.65 112.96 17.00 points [+]
Productivity 107.60 108.28 108.28 25.99 points [+]
Job Vacancies 6060.00 6597.00 7746.00 2157.00 Thousand [+]
Job Offers 6191.00 7004.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 671129.00 222288.00 671129.00 15100.00 Persons [+]
Wages 25.12 24.08 25.12 2.50 USD/Hour [+]
Wages in Manufacturing 22.80 22.56 22.80 1.27 USD/Hour [+]
Wage Growth -0.78 3.26 13.78 -5.88 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.80 0.70 2.00 0.20 percent [+]
Population 329.13 327.17 329.13 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 51.30 60.00 64.70 51.30 percent [+]
Full Time Employment 114322.00 129298.00 131755.00 64640.00 Thousand [+]
Living Wage Family 2380.00 2270.00 2380.00 2160.00 USD/Month [+]
Living Wage Individual 1660.00 1560.00 1660.00 1450.00 USD/Month [+]
Jobless Claims 4-week Average 3042.00 3543.00 5790.25 179.00 Thousand [+]
Part Time Employment 19106.00 26553.00 28134.00 10086.00 Thousand [+]
Wages Low Skilled 1960.00 1760.00 2340.00 1760.00 USD/Month [+]
Wages High Skilled 4520.00 4330.00 4950.00 4330.00 USD/Month [+]


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.