Civilian labor force participation rate by age, sex, race, and ethnicity Other available formats: ( XLSX ) Table 3.3 Civilian labor force participation rates by age, sex, race, and ethnicity, 1998, 2008, 2018, and projected 2028 (in percent) Participation Rate. A citizen is classified as a member of the labor force if he has a job or is actively looking for a job. The participation rate is the percentage of adult Americans, excluding active-duty military service people and those incarcerated or otherwise institutionalized, who are members of the labor force. In the United States the labor force participation rate is usually around 67-68%, but this figure is thought to have declined modestly in recent years. US Labor Force Participation Rate table by year, historic, and current data. Current US Labor Force Participation Rate is 63.40%. Current US Labor Force Participation Rate: 63.20% The US Labor Force Participation Rate is the percentage of the US working-age population (age 16 and over) that is in the work force . This includes both those who are employed, and unemployed but looking for work. Source: US Bureau of Labor Statistics — here .
The labor force participation rate refers to the number of people available for work as a percentage of the total population. In February 2020, it was 63.4%. It measures the amount of labor in an economy, one of the factors of production.
19 Nov 2018 Studying the population's demographic makeup and labor trends for different groups sheds some light on what is driving the aggregate 5 May 2018 The lower unemployment rate seems like good news. But a major force driving it has been people leaving the labor force for various reasons, However, current happy talk needs tempering with a closer look at numbers. Labor force participation rates for prime-age and older workers Data from the Bureau of Labor Statistics (BLS) and the Census Bureau's Current Population 7 Feb 2020 But the labor force participation rate reached a Trump-era high of 63.4 The current economic expansion, now in its 11th year, became the 4 Feb 2019 The labour force participation rate stood at 49.8% in 2017-18, falling sharply from 55.9% in 2011-12. 7 Feb 2018 Between 1990 and the 2007–2009 recession, the rate of labor force participation —the percentage of noninstitutionalized people who have jobs
The Current Labor Force Participation Rate for February is 63.4% unchanged from January. A higher Labor Force Participation Rate (LFPR) is considered better. The LFPR fell in the aftermath of the 2008 recession and is still trying to recover.
On top of all that, the overall civilian labor force participation rate—the share of adults who are either employed or actively looking for work—stayed steady, at 62.7%. Labor Force Participation in the U.S. There are currently more than 6.7 million job openings in the U.S., according to the Bureau of Labor Statistics. The nation's economy has continued to Graph and download economic data for Labor Force Participation Rate - Black or African American (LNS11300006) from Jan 1972 to Feb 2020 about African-American, participation, 16 years +, labor force, labor, household survey, rate, and USA. At that time, CBO estimates, the labor force participation rate of people ages 25 to 54 will be close to its potential rate (that is, the percentage of the population who would be employed or seeking work if the economy was producing its maximum sustainable amount of output), indicating that most of the effects of the recession will have subsided.
