The labor force participation rate in the US decreased by 0.7 percentage point over the month to 62.7 percent, the lowest since August 2018. Total employment fell by 3.0 million to 155.8 million, and the employment-population ratio, at 60.0 percent, dropped by 1.1 percentage points over the month.

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
62.70 63.40 67.30 58.10 1948 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-01-10 01:30 PM Dec 63.2% 63.2% 63.2% 63.3%
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 62.7% 61.9%
2020-06-05 12:30 PM May
2020-07-02 12:30 PM Jun 61.8%
2020-08-07 12:30 PM Jul

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 3.50 10.80 2.50 percent [+]
Non Farm Payrolls -701.00 275.00 1118.00 -1959.00 Thousand [+]
Nonfarm Payrolls Private -713.00 242.00 1092.00 -1766.00 Thousand [+]
Government Payrolls 12.00 33.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls -18.00 13.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 3169.00 3846.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 22647.00 18011.00 22647.00 988.00 Thousand [+]
ADP Employment Change -20236.00 -149.00 314.00 -20236.00 Thousand [+]
Employed Persons 155772.00 158759.00 158803.00 57172.00 Thousand [+]
Unemployed Persons 7140.00 5787.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.40 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.20 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.70 63.40 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.71 0.67 4.40 0.08 percent [+]
Youth Unemployment Rate 10.30 7.70 19.50 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 6597.00 6912.00 7746.00 2157.00 Thousand [+]
Job Offers 6882.00 7012.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 671129.00 222288.00 671129.00 15100.00 Persons [+]
Wages 24.07 23.97 24.07 2.50 USD/Hour [+]
Wages in Manufacturing 22.59 22.52 22.59 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 60.00 61.10 64.70 54.90 percent [+]
Full Time Employment 129298.00 131109.00 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 4173.50 5035.00 5790.25 179.00 Thousand [+]
Part Time Employment 26553.00 27726.00 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.