United States Labor Force Participation Rate - Forecast

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.


Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


United States Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 3.9 3.9 3.9 3.8 3.8 4.5
Non Farm Payrolls 201 195 165 193 182 170
Nonfarm Payrolls Private 204 190 160 188 178 161
Government Payrolls -3 5 12 1 15 11
Manufacturing Payrolls -3 20 10 12 1 -2
Initial Jobless Claims 201 208 208 208 208 208
Continuing Jobless Claims 1645 1685 1651 1636 1630 1625
ADP Employment Change 163 193 160 178 177 150
Employed Persons 155542 155730 155964 156189 156390 154000
Unemployed Persons 6234 6188 6103 6023 5959 5722
Average Hourly Earnings 0.4 0.2 0.2 0.22 0.23 0.23
Average Weekly Hours 34.5 34.4 34.4 34.52 34.5 34.4
Labor Force Participation Rate 62.7 62.8 62.8 62.7 62.7 62.9
Long Term Unemployment Rate 0.82 0.8 0.8 0.8 0.7 0.4
Youth Unemployment Rate 8.6 8.7 8.6 8.6 8.6 8.4
Labour Costs 109 110 110 110 111 114
Productivity 105 105 106 106 106 108
Job Vacancies 7313 6687 6674 6717 6732 6717
Job Offers 6939 6913 6919 6917 6915 6911
Challenger Job Cuts 38472 38727 62300 37080 36800 63500
Wages 22.73 22.85 23.25 23.65 24.05 25.9
Wage Growth 4.83 4.85 4.85 4.85 4.85 4.85
Wages in Manufacturing 21.42 21.49 21.85 22.05 22.45 24
Minimum Wages 7.25 7.25 7.25 7.5 7.5 7.5
Employment Cost Index 0.6 0.65 0.67 0.65 0.65 0.65
Population 326 328 328 329 329 335
Retirement Age Women 66 66 66 66 66 66
Retirement Age Men 66 66 66 66 66 66
Employment Rate 60.3 60.4 60.3 60.3 60.3 60.3
Full Time Employment 128577 128738 128999 129244 129452 130382
Part Time Employment 26913 26982 27002 26997 26998 26998
Living Wage Family 2240 2300 2300 2380 2380 2380
Living Wage Individual 1540 1485 1492 1488 1484 1469
Wages High Skilled 4290 4500 4500 4500 4550 4550
Wages Low Skilled 2090 2150 2150 2150 2150 2200