The labor force participation rate in the US rose to 62.4 percent in August of 2022, the highest since March, from 62.1 percent in the previous month. source: U.S. Bureau of Labor Statistics

Labor Force Participation Rate in the United States averaged 62.85 percent from 1948 until 2022, 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 September of 2022.

Labor Force Participation Rate in the United States is expected to be 62.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Labor Force Participation Rate is projected to trend around 62.50 percent in 2023 and 62.90 percent in 2024, according to our econometric models.

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.

Please Paste this Code in your Website
United States Labor Force Participation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-08-05 12:30 PM Jul 62.1% 62.2% 62.2%
2022-09-02 12:30 PM Aug 62.4% 62.1% 62.2%
2022-10-07 12:30 PM Sep 62.4%

Related Last Previous Unit Reference
Unemployment Rate 3.70 3.50 percent Aug 2022
Non Farm Payrolls 315.00 526.00 Thousand Aug 2022
Nonfarm Payrolls Private 308.00 477.00 Thousand Aug 2022
Government Payrolls 7.00 49.00 Thousand Aug 2022
Manufacturing Payrolls 22.00 36.00 Thousand Aug 2022
Average Hourly Earnings 0.30 0.50 percent Aug 2022
Average Weekly Hours 34.50 34.60 Hours Aug 2022
Labor Force Participation Rate 62.40 62.10 percent Aug 2022
Job Offers 11239.00 11040.00 Thousand Jul 2022
Average Hourly Earnings YoY 5.20 5.20 percent Aug 2022
Employment Rate 60.10 60.00 percent Aug 2022

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
62.40 62.10 67.30 58.10 1948 - 2022 percent Monthly