The labor force participation rate in the United States was unchanged from the prior month at 62.7% in April of 2024, in line with market expectations. Additionally, the employment-population ratio was little changed through the year at 60.2%. source: U.S. Bureau of Labor Statistics

Labor Force Participation Rate in the United States remained unchanged at 62.70 percent in April. Labor Force Participation Rate in the United States averaged 62.84 percent from 1948 until 2024, 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 2024.

Labor Force Participation Rate in the United States remained unchanged at 62.70 percent in April. Labor Force Participation Rate in the United States is expected to be 62.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.



Calendar GMT Reference Actual Previous Consensus TEForecast
2024-04-05 12:30 PM
Participation Rate
Mar 62.7% 62.5% 62.5%
2024-05-03 12:30 PM
Participation Rate
Apr 62.7% 62.7% 62.7% 62.7%
2024-06-07 12:30 PM
Participation Rate
May 62.7%


Related Last Previous Unit Reference
Average Hourly Earnings MoM 0.20 0.30 percent Apr 2024
Average Hourly Earnings YoY 3.90 4.10 percent Apr 2024
Average Weekly Hours 34.30 34.40 Hours Apr 2024
Employment Rate 60.20 60.30 percent Apr 2024
Government Payrolls 8.00 72.00 Thousand Apr 2024
JOLTs Job Openings 8488.00 8813.00 Thousand Mar 2024
Participation Rate 62.70 62.70 percent Apr 2024
Manufacturing Payrolls 8.00 -4.00 Thousand Apr 2024
Non Farm Payrolls 175.00 315.00 Thousand Apr 2024
Nonfarm Payrolls Private 167.00 243.00 Thousand Apr 2024
Unemployment Rate 3.90 3.80 percent Apr 2024

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
62.70 62.70 67.30 58.10 1948 - 2024 percent Monthly
SA


News Stream
United States Labor Force Participation Rate Unchanged
The Labor Force Participation Rate in the United States came at 62.50 percent in January, unchanged from 10-month low in December.
2024-02-02
US Labor Force Participation Rate Lowest in 10-Months
The Labor Force Participation Rate in the United States decreased by 0.3 percentage points to 62.50 percent in December, marking the biggest drop since January 2021. It is the lowest rate in 10 months as 845,000 people left the labor force.
2024-01-05
US Partcipation Rate Rises to 62.8%
The labor force participation rate in the United States rose by 62.8 percent in August of 2023, the highest since February 2020, when the pandemic started to hit. It compares to 62.6 percent in July and market forecasts of 62.6 percent.
2023-09-01