The labor force participation rate in the US edged down to 61.4 percent in January 2021, from 61.5 percent in the previous month. Still, it was 1.9 percentage points lower than its February level. source: U.S. Bureau of Labor Statistics

Labor Force Participation Rate in the United States averaged 62.87 percent from 1948 until 2021, 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 February of 2021.

Labor Force Participation Rate in the United States is expected to be 61.90 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 62.70 percent in 2022 and 62.90 percent in 2023, 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 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-06 01:30 PM Oct 61.7% 61.4% 61.5%
2020-12-04 01:30 PM Nov 61.5% 61.7% 61.6%
2021-01-08 01:30 PM Dec 61.5% 61.5% 61.6%
2021-02-05 01:30 PM Jan 61.4% 61.5% 61.3%
2021-03-05 01:30 PM Feb 61.4%
2021-04-02 12:30 PM Mar
2021-05-07 12:30 PM Apr
2021-06-04 12:30 PM May

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.30 6.70 14.80 2.50 percent [+]
Non Farm Payrolls 49.00 -227.00 4846.00 -20679.00 Thousand [+]
Nonfarm Payrolls Private 6.00 -204.00 4807.00 -19731.00 Thousand [+]
Government Payrolls 43.00 -23.00 517.00 -948.00 Thousand [+]
Manufacturing Payrolls -10.00 31.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 861.00 848.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 4494.00 4558.00 24912.00 988.00 Thousand [+]
ADP Employment Change 174.00 -78.00 4485.00 -19409.00 Thousand [+]
Employed Persons 150031.00 149830.00 158735.00 57172.00 Thousand [+]
Unemployed Persons 10130.00 10736.00 23109.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 1.00 4.60 -1.30 percent [+]
Average Weekly Hours 35.00 34.70 35.00 33.70 Hours [+]
Labor Force Participation Rate 61.40 61.50 67.30 58.10 percent [+]
Long Term Unemployment Rate 2.51 2.46 4.40 0.08 percent [+]
Youth Unemployment Rate 11.20 12.50 27.40 4.80 percent [+]
Labour Costs 117.56 115.63 117.74 17.00 points [+]
Productivity 111.09 112.48 112.48 25.99 points [+]
Job Vacancies 6178.00 6301.00 7746.00 2157.00 Thousand [+]
Job Offers 6646.00 6572.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 79552.00 77030.00 671129.00 15100.00 Persons [+]
Wages 25.18 25.15 25.18 2.50 USD/Hour [+]
Wages in Manufacturing 23.23 23.29 23.29 1.27 USD/Hour [+]
Wage Growth 2.31 2.08 13.78 -6.64 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.50 2.00 0.20 percent [+]
Population 329.48 328.33 329.48 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 57.50 57.40 64.70 51.30 percent [+]
Full Time Employment 124990.00 124689.00 131755.00 64640.00 Thousand [+]
Pandemic Unemployment Assistance Claims 516.30 341.87 1352.18 31.95 Thousand [+]
Part Time Employment 24627.00 24917.00 28134.00 10086.00 Thousand [+]
Jobless Claims 4-week Average 833.25 836.75 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.