The labor force participation rate in the US fell to 62.2 percent in April 2022 from 62.4 percent in March, the lowest in three months. The labor force participation rate remains 1.2 percentage points below its February 2020 values. 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 May of 2022.

Labor Force Participation Rate in the United States is expected to be 62.30 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.

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United States Labor Force Participation Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-04-01 12:30 PM Mar 62.4% 62.3% 62.3%
2022-05-06 12:30 PM Apr 62.2% 62.4% 62.5%
2022-06-03 12:30 PM May 62.2%

Related Last Previous Unit Reference
Unemployment Rate 3.60 3.60 percent Apr 2022
Non Farm Payrolls 428.00 428.00 Thousand Apr 2022
Government Payrolls 22.00 4.00 Thousand Apr 2022
Nonfarm Payrolls Private 406.00 424.00 Thousand Apr 2022
Manufacturing Payrolls 55.00 43.00 Thousand Apr 2022
Average Hourly Earnings 0.30 0.50 percent Apr 2022
Average Weekly Hours 34.60 34.60 Hours Apr 2022
Labor Force Participation Rate 62.20 62.40 percent Apr 2022
Job Offers 11549.00 11344.00 Thousand Mar 2022
Average Hourly Earnings YoY 5.50 5.60 percent Apr 2022
Employment Rate 60.00 60.10 percent Apr 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
62.20 62.40 67.30 58.10 1948 - 2022 percent Monthly