The labor force participation rate in the United States edged down to 61.5 percent in November 2020, from 61.7 percent in the previous month. The activity rate remained 1.9 percentage points below its February level. The number of persons not in the labor force who currently want a job increased by 448,000 to 7.1 million; this measure is 2.2 million higher than in February. About 3.9 million persons not in the labor force in November were prevented from looking for work due to the pandemic. This measure was up from 3.6 million in October. source: U.S. Bureau of Labor Statistics

Labor Force Participation Rate in the United States averaged 62.87 percent from 1948 until 2020, 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 December of 2020.

Labor Force Participation Rate in the United States is expected to be 61.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in the United States to stand at 61.90 in 12 months time. In the long-term, the United States Labor Force Participation Rate is projected to trend around 62.70 percent in 2021 and 62.90 percent in 2022, according to our econometric models.

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United States Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.50 61.70 67.30 58.10 1948 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-04 12:30 PM Aug 61.7% 61.4% 61.6%
2020-10-02 12:30 PM Sep 61.4% 61.7% 61.5%
2020-11-06 01:30 PM Oct 61.7% 61.4% 61.5%
2020-12-04 01:30 PM Nov 61.5% 61.7% 61.6%
2021-01-08 01:30 PM Dec 61.5% 61.6%
2021-02-05 01:30 PM Jan
2021-03-05 01:30 PM Feb
2021-04-02 12:30 PM Mar

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.70 6.90 14.70 2.50 percent [+]
Non Farm Payrolls 245.00 610.00 4781.00 -20787.00 Thousand [+]
Nonfarm Payrolls Private 344.00 877.00 4729.00 -19835.00 Thousand [+]
Government Payrolls -99.00 -267.00 465.00 -952.00 Thousand [+]
Manufacturing Payrolls 27.00 33.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 885.00 862.00 6867.00 162.00 Thousand [+]
Continuing Jobless Claims 5508.00 5781.00 24912.00 988.00 Thousand [+]
ADP Employment Change 307.00 404.00 4485.00 -19409.00 Thousand [+]
Employed Persons 149732.00 149806.00 158803.00 57172.00 Thousand [+]
Unemployed Persons 10735.00 11061.00 23078.00 1596.00 Thousand [+]
Average Hourly Earnings 0.30 0.10 4.70 -1.30 percent [+]
Average Weekly Hours 34.80 34.80 34.80 33.70 Hours [+]
Labor Force Participation Rate 61.50 61.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 2.46 2.21 4.40 0.08 percent [+]
Youth Unemployment Rate 11.50 11.70 27.40 4.80 percent [+]
Labour Costs 115.75 117.74 117.74 17.00 points [+]
Productivity 112.34 111.08 112.34 25.99 points [+]
Job Vacancies 7097.00 6608.00 7746.00 2157.00 Thousand [+]
Job Offers 6652.00 6494.00 7520.00 2264.00 Thousand [+]
Challenger Job Cuts 64797.00 80666.00 671129.00 15100.00 Persons [+]
Wages 24.87 24.80 25.12 2.50 USD/Hour [+]
Wages in Manufacturing 23.08 22.93 23.08 1.27 USD/Hour [+]
Wage Growth 2.11 1.89 13.78 -6.64 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.50 0.50 2.00 0.20 percent [+]
Population 329.13 327.17 329.13 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 57.30 57.40 64.70 51.30 percent [+]
Full Time Employment 124345.00 123593.00 131755.00 64640.00 Thousand [+]
Pandemic Unemployment Assistance Claims 455.04 415.04 1352.18 31.95 Thousand [+]
Part Time Employment 25384.00 26163.00 28134.00 10086.00 Thousand [+]
Jobless Claims 4-week Average 812.50 778.25 5790.25 179.00 Thousand [+]


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.