Labor Force Participation Rate Forecast
U.S. Labor Force Participation Rate Forecast Values
Percent, Seasonally Adjusted.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | May 2023 | 62.6 | ±0.0 |
| 1 | Jun 2023 | 62.6 | ±0.04 |
| 2 | Jul 2023 | 62.6 | ±0.05 |
| 3 | Aug 2023 | 62.6 | ±0.05 |
| 4 | Sep 2023 | 62.5 | ±0.05 |
| 5 | Oct 2023 | 62.4 | ±0.06 |
| 6 | Nov 2023 | 62.3 | ±0.06 |
| 7 | Dec 2023 | 62.2 | ±0.06 |
| 8 | Jan 2024 | 62.1 | ±0.06 |
Get the Rest of the Story with the 5 Year Forecast!
Chart of U.S. Labor Forece Participation Rate
Percent, Seasonally Adjusted.
U.S. Civilian Labor Force Participation Rate Historical Data
Percent
| Date | Historical Value |
|---|---|
| May 2018 | 62.9 |
| Jun 2018 | 63.0 |
| Jul 2018 | 63.0 |
| Aug 2018 | 62.6 |
| Sep 2018 | 62.8 |
| Oct 2018 | 62.9 |
| Nov 2018 | 62.9 |
| Dec 2018 | 63.0 |
| Jan 2019 | 63.1 |
| Feb 2019 | 63.1 |
| Mar 2019 | 63.0 |
| Apr 2019 | 62.9 |
| 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 | 61.4 |
| 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 | 61.7 |
| 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 | 62.4 |
| Apr 2022 | 62.2 |
| May 2022 | 62.3 |
| Jun 2022 | 62.2 |
| Jul 2022 | 62.1 |
| Aug 2022 | 62.3 |
| Sep 2022 | 62.3 |
| Oct 2022 | 62.2 |
| Nov 2022 | 62.2 |
| Dec 2022 | 62.3 |
| Jan 2023 | 62.4 |
| Feb 2023 | 62.5 |
| Mar 2023 | 62.6 |
| Apr 2023 | 62.6 |
| May 2023 | 62.6 |
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.
| June 06, 2023 | |
| Indicator | Value |
|---|---|
| S&P 500 | 4283.85 |
| U.S. GDP Growth, YoY % | 1.62 |
| U.S. Inflation Rate, % | 4.93 |
| Gold Price, $/oz-t | 1963.33 |
| Crude Oil Futures, $/bbl | 71.74 |
| U.S. 10 Year Treasury, % | 3.70 |