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.


United States Labor Force Participation Rate
width
height
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 4 3.9 3.9 3.8 3.8 4.2
Non Farm Payrolls 213 195 165 193 182 170
Nonfarm Payrolls Private 202 190 160 188 178 161
Government Payrolls 11 5 12 1 15 11
Manufacturing Payrolls 36 20 10 12 1 -2
Initial Jobless Claims 214 220 220 220 220 220
Continuing Jobless Claims 1739 1749 1755 1758 1759 1760
ADP Employment Change 177 193 160 181 181 150
Employed Persons 155576 156010 156392 156730 157031 154000
Unemployed Persons 6564 6454 6468 6469 6471 6475
Average Hourly Earnings 0.2 0.2 0.21 0.22 0.22 0.22
Average Weekly Hours 34.5 34.4 34.4 34.51 34.5 34.4
Labor Force Participation Rate 62.9 62.8 62.8 62.7 62.7 62.9
Long Term Unemployment Rate 0.74 0.6 0.6 0.5 0.4 -0.2
Youth Unemployment Rate 8.9 8.7 8.6 8.6 8.6 8.4
Labour Costs 110 111 111 111 112 114
Productivity 109 110 110 110 110 113
Job Vacancies 6671 6687 6674 6717 6732 6717
Job Offers 6638 6913 6919 6917 6915 6911
Challenger Job Cuts 37202 36375 62300 34132 33394 63500
Wages 22.62 23.35 23.8 24.11 24.49 25.9
Wage Growth 4.56 4.6 4.6 4.6 4.6 4.6
Wages in Manufacturing 21.4 21.87 22.06 22.38 22.75 24.61
Minimum Wages 7.25 7.25 7.25 7.5 7.5 7.5
Employment Cost Index 0.8 0.66 0.69 0.68 0.67 0.68
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 60.4 60.5 60.5 60.5 60.6 60.7
Full Time Employment 128568 129148 129598 129979 130303 131779
Part Time Employment 27028 27153 27139 27138 27139 27139
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