The labor force participation rate in the United States remained unchanged fell by 0.1 percentage points from the previous month to 62.7% in October of 2024. Labor Force Participation Rate in the United States averaged 62.84 percent from 1948 until 2024, 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. source: U.S. Bureau of Labor Statistics

Labor Force Participation Rate in the United States decreased to 62.60 percent in October from 62.70 percent in September of 2024.

Labor Force Participation Rate in the United States decreased to 62.60 percent in October from 62.70 percent in September of 2024. 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.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-10-04 12:30 PM
Participation Rate
Sep 62.7% 62.7% 62.7% 62.9%
2024-11-01 12:30 PM
Participation Rate
Oct 62.6% 62.7% 62.7% 62.5%
2024-12-06 01:30 PM
Participation Rate
Nov 62.6%


Related Last Previous Unit Reference
Average Hourly Earnings MoM 0.40 0.30 percent Oct 2024
Average Hourly Earnings YoY 4.00 3.90 percent Oct 2024
Average Weekly Hours 34.30 34.30 Hours Oct 2024
Employment Rate 60.00 60.20 percent Oct 2024
Government Payrolls 40.00 31.00 Thousand Oct 2024
JOLTs Job Openings 7443.00 7861.00 Thousand Sep 2024
Participation Rate 62.60 62.70 percent Oct 2024
Manufacturing Payrolls -46.00 -6.00 Thousand Oct 2024
Non Farm Payrolls 12.00 223.00 Thousand Oct 2024
Nonfarm Payrolls Private -28.00 192.00 Thousand Oct 2024
Unemployment Rate 4.10 4.10 percent Oct 2024

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.
Actual Previous Highest Lowest Dates Unit Frequency
62.60 62.70 67.30 58.10 1948 - 2024 percent Monthly
SA


News Stream
United States Labor Force Participation Rate Unchanged
The Labor Force Participation Rate in the United States came at 62.50 percent in January, unchanged from 10-month low in December.
2024-02-02
US Labor Force Participation Rate Lowest in 10-Months
The Labor Force Participation Rate in the United States decreased by 0.3 percentage points to 62.50 percent in December, marking the biggest drop since January 2021. It is the lowest rate in 10 months as 845,000 people left the labor force.
2024-01-05