The labor force participation rate in the United States remained unchanged at 62.6 percent for the fifth consecutive month in July 2023, remaining at its highest level since March 2020. source: U.S. Bureau of Labor Statistics

Labor Force Participation Rate in the United States averaged 62.84 percent from 1948 until 2023, 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 August of 2023.

Labor Force Participation Rate in the United States is expected to be 62.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

Ok
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.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
Width
Height
 Preview

United States Labor Force Participation Rate



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-07-07 12:30 PM Jun 62.6% 62.6% 62.6%
2023-08-04 12:30 PM Jul 62.6% 62.6% 62.6%
2023-09-01 12:30 PM Aug 62.6% 62.6% 62.6%


Related Last Previous Unit Reference
Unemployment Rate 3.50 3.60 percent Jul 2023
Non Farm Payrolls 187.00 185.00 Thousand Jul 2023
Nonfarm Payrolls Private 172.00 128.00 Thousand Jul 2023
Government Payrolls 15.00 57.00 Thousand Jul 2023
Manufacturing Payrolls -2.00 6.00 Thousand Jul 2023
Average Hourly Earnings 0.40 0.40 percent Jul 2023
Average Weekly Hours 34.30 34.40 Hours Jul 2023
Labor Force Participation Rate 62.60 62.60 percent Jul 2023
Job Offers 8827.00 9165.00 Thousand Jul 2023
Average Hourly Earnings YoY 4.40 4.40 percent Jul 2023
Employment Rate 60.40 60.30 percent Jul 2023

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 62.60 67.30 58.10 1948 - 2023 percent Monthly
SA