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Labor Force Participation Rate Forecast

U.S. Labor Force Participation Rate Forecast Values

Percent, Seasonally Adjusted.

Month Date Forecast Value Avg Error
0 Mar 2024 62.7 ±0.0
1 Apr 2024 62.6 ±0.04
2 May 2024 62.6 ±0.05
3 Jun 2024 62.5 ±0.05
4 Jul 2024 62.4 ±0.05
5 Aug 2024 62.3 ±0.06
6 Sep 2024 62.2 ±0.06
7 Oct 2024 62.0 ±0.06
8 Nov 2024 61.9 ±0.06

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Chart of U.S. Labor Forece Participation Rate

Percent, Seasonally Adjusted.

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U.S. Civilian Labor Force Participation Rate Historical Data

Percent

Date Historical Value
Mar 2019 63.0
Apr 2019 62.8
May 2019 62.9
Jun 2019 63.0
Jul 2019 63.1
Aug 2019 63.1
Sep 2019 63.2
Oct 2019 63.3
Nov 2019 63.3
Dec 2019 63.3
Jan 2020 63.3
Feb 2020 63.3
Mar 2020 62.6
Apr 2020 60.1
May 2020 60.8
Jun 2020 61.5
Jul 2020 61.5
Aug 2020 61.7
Sep 2020 61.5
Oct 2020 61.7
Nov 2020 61.5
Dec 2020 61.5
Jan 2021 61.3
Feb 2021 61.4
Mar 2021 61.5
Apr 2021 61.6
May 2021 61.5
Jun 2021 61.7
Jul 2021 61.8
Aug 2021 61.8
Sep 2021 61.7
Oct 2021 61.8
Nov 2021 61.9
Dec 2021 62.0
Jan 2022 62.2
Feb 2022 62.2
Mar 2022 62.3
Apr 2022 62.2
May 2022 62.3
Jun 2022 62.2
Jul 2022 62.1
Aug 2022 62.4
Sep 2022 62.3
Oct 2022 62.3
Nov 2022 62.1
Dec 2022 62.3
Jan 2023 62.4
Feb 2023 62.5
Mar 2023 62.6
Apr 2023 62.6
May 2023 62.6
Jun 2023 62.6
Jul 2023 62.6
Aug 2023 62.8
Sep 2023 62.8
Oct 2023 62.7
Nov 2023 62.8
Dec 2023 62.5
Jan 2024 62.5
Feb 2024 62.5
Mar 2024 62.7

The U.S. Civilian Labor Force Participation Rate

The U.S. civilian labor force participation rate is the ratio of the U.S. civilian labor force divided by the U.S. civilian non-institutional population.  This ratio is then multiplied by 100 to put the units in percent.

Other Employment Resources:

A long range forecast for the U.S. Unemployment Rate and nonfarm payrolls is available by subscription.  Click here for more information or to subscribe.

Current Economic Indicators
April 11, 2024
Indicator Value
S&P 500 5199.06
U.S. GDP Growth, YoY % 3.13
U.S. Inflation Rate, % 3.48
Gold Price, $/oz-t 2377.00
Crude Oil Futures, $/bbl 85.58
U.S. 10 Year Treasury, % 4.56

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