The labor force participation rate in the US edged down to 62.1 percent in July of 2022 from 62.2 percent in June. 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 August 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.

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United States Labor Force Participation Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-07-08 12:30 PM Jun 62.2% 62.3% 62.3%
2022-08-05 12:30 PM Jul 62.1% 62.2% 62.2%
2022-09-02 12:30 PM Aug


Related Last Previous Unit Reference
Unemployment Rate 3.50 3.60 percent Jul 2022
Non Farm Payrolls 528.00 398.00 Thousand Jul 2022
Government Payrolls 57.00 -6.00 Thousand Jul 2022
Nonfarm Payrolls Private 471.00 404.00 Thousand Jul 2022
Manufacturing Payrolls 30.00 27.00 Thousand Jul 2022
Average Hourly Earnings 0.50 0.40 percent Jul 2022
Average Weekly Hours 34.60 34.60 Hours Jul 2022
Labor Force Participation Rate 62.10 62.20 percent Jul 2022
Job Offers 10698.00 11303.00 Thousand Jun 2022
Average Hourly Earnings YoY 5.20 5.20 percent Jul 2022
Employment Rate 60.00 59.90 percent Jul 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
62.10 62.20 67.30 58.10 1948 - 2022 percent Monthly
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