The labor force participation rate in the United States edged up to 62.4 percent in January 2023 from 62.3 percent in the previous month. Still, it remained below its pre-pandemic February 2020 level of 63.3 percent. 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 February of 2023.
Labor Force Participation Rate in the United States is expected to be 62.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.