Labor force participation rate in the United States decreased to 61.4 percent in July from 61.5 percent in June of 2020.

Labor Force Participation Rate in the United States averaged 62.87 percent from 1948 until 2020, 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 2020.

Labor Force Participation Rate in the United States is expected to be 61.50 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 61.90 in 12 months time. In the long-term, the United States Labor Force Participation Rate is projected to trend around 62.70 percent in 2021 and 62.90 percent in 2022, according to our econometric models.

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United States Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.40 61.50 67.30 58.10 1948 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-08 12:30 PM Apr 60.2% 62.7% 61.9%
2020-06-05 12:30 PM May 60.8% 60.2% 60%
2020-07-02 12:30 PM Jun 61.5% 60.8% 61%
2020-08-07 12:30 PM Jul 61.4% 61.5% 61.5%
2020-09-04 12:30 PM Aug 61.4%
2020-10-02 12:30 PM Sep 61.5%
2020-11-06 01:30 PM Oct
2020-12-04 01:30 PM Nov

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.20 11.10 14.70 2.50 percent [+]
Non Farm Payrolls 1763.00 4791.00 4791.00 -20787.00 Thousand [+]
Nonfarm Payrolls Private 1462.00 4737.00 4737.00 -19835.00 Thousand [+]
Government Payrolls 301.00 54.00 427.00 -952.00 Thousand [+]
Manufacturing Payrolls 26.00 357.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 1186.00 1435.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 16107.00 16951.00 24912.00 988.00 Thousand [+]
ADP Employment Change 167.00 4314.00 4314.00 -19409.00 Thousand [+]
Employed Persons 143532.00 142182.00 158803.00 57172.00 Thousand [+]
Unemployed Persons 16338.00 17750.00 23078.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 -1.30 4.70 -1.30 percent [+]
Average Weekly Hours 34.50 34.60 34.70 33.70 Hours [+]
Labor Force Participation Rate 61.40 61.50 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.94 0.87 4.40 0.08 percent [+]
Youth Unemployment Rate 18.60 20.70 27.40 4.80 percent [+]
Labour Costs 113.42 112.01 113.42 17.00 points [+]
Productivity 108.03 108.28 108.28 25.99 points [+]
Job Vacancies 5266.00 5305.00 7746.00 2157.00 Thousand [+]
Job Offers 5397.00 4996.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 262649.00 170219.00 671129.00 15100.00 Persons [+]
Wages 24.63 24.74 25.12 2.50 USD/Hour [+]
Wages in Manufacturing 22.83 22.58 22.83 1.27 USD/Hour [+]
Wage Growth -2.42 -4.37 13.78 -6.95 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.50 0.80 2.00 0.20 percent [+]
Population 329.13 327.17 329.13 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 55.10 54.60 64.70 51.30 percent [+]
Full Time Employment 119532.00 118941.00 131755.00 64640.00 Thousand [+]
Part Time Employment 23982.00 23179.00 28134.00 10086.00 Thousand [+]
Jobless Claims 4-week Average 1337.75 1368.75 5790.25 179.00 Thousand [+]


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.