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 62.70 in 12 months time. In the long-term, the United States Labor Force Participation Rate is projected to trend around 62.90 percent in 2020, according to our econometric models.


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United States Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 3.7 3.7 3.8 3.8 3.7 4.5
Non Farm Payrolls 250 165 193 182 179 170
Nonfarm Payrolls Private 246 160 188 178 166 161
Government Payrolls 4 12 1 15 6.87 11
Manufacturing Payrolls 32 10 12 1 6 -2
Initial Jobless Claims 216 210 215 220 230 240
Continuing Jobless Claims 1676 1600 1626 1610 1630 1700
ADP Employment Change 227 160 220 219 219 150
Employed Persons 156562 155964 156189 156389 156566 154000
Unemployed Persons 6075 5970 5848 5756 5682 5417
Average Hourly Earnings 0.2 0.28 0.3 0.2 0.3 0.3
Average Weekly Hours 34.5 34.4 34.5 34.5 34.5 34.4
Labor Force Participation Rate 62.9 62.8 62.7 62.7 62.7 62.9
Long Term Unemployment Rate 0.84 0.8 0.8 0.9 0.9 1.1
Youth Unemployment Rate 8.3 8.3 8.2 8.1 8 7.7
Labour Costs 110 110 110 111 111 113
Productivity 106 106 106 107 107 109
Job Vacancies 7070 5450 5900 6732 6300 5200
Job Offers 7009 5818 6300 6700 6600 5800
Challenger Job Cuts 75644 33300 55080 36000 42000 31000
Wages 22.89 23.25 23.65 24.05 24.55 25.9
Wage Growth 4.79 4.8 4.8 4.8 4.8 4.8
Wages in Manufacturing 21.68 21.65 21.9 21.45 21.75 22.4
Minimum Wages 7.25 7.25 7.5 7.5 7.5 7.5
Employment Cost Index 0.8 0.6 0.8 0.6 0.7 0.6
Population 326 328 329 329 330 335
Retirement Age Women 66 66 66 66 66 66
Retirement Age Men 66 66 66 66 66 66
Employment Rate 60.6 60.6 60.7 60.8 60.8 61
Full Time Employment 129212 129484 129861 130179 130449 131628
Part Time Employment 27297 27002 26990 26700 26800 2750
Living Wage Family 2380 2300 2380 2380 2380 2380
Living Wage Individual 1660 1555 1583 1598 1612 1569
Wages High Skilled 4520 4500 4500 4550 4550 4550
Wages Low Skilled 1960 2150 2150 2150 2150 2200