The labor force participation rate in the United States fell to 62.5% in November 2024, below market expectations of 62.7%, down from 62.6% in October. Labor Force Participation Rate in the United States averaged 62.84 percent from 1948 until 2024, 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. source: U.S. Bureau of Labor Statistics

Labor Force Participation Rate in the United States decreased to 62.50 percent in November from 62.60 percent in October of 2024.

Labor Force Participation Rate in the United States decreased to 62.50 percent in November from 62.60 percent in October of 2024. Labor Force Participation Rate in the United States is expected to be 62.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-01 12:30 PM
Participation Rate
Oct 62.6% 62.7% 62.7% 62.5%
2024-12-06 01:30 PM
Participation Rate
Nov 62.5% 62.6% 62.7% 62.6%
2025-01-10 01:30 PM
Participation Rate
Dec 62.5% 62.8%


Related Last Previous Unit Reference
Average Hourly Earnings MoM 0.40 0.40 percent Nov 2024
Average Hourly Earnings YoY 4.00 4.00 percent Nov 2024
Average Weekly Hours 34.30 34.20 Hours Nov 2024
Employment Rate 59.80 60.00 percent Nov 2024
Government Payrolls 33.00 38.00 Thousand Nov 2024
JOLTs Job Openings 8098.00 7839.00 Thousand Nov 2024
Participation Rate 62.50 62.60 percent Nov 2024
Manufacturing Payrolls 22.00 -48.00 Thousand Nov 2024
Non Farm Payrolls 227.00 36.00 Thousand Nov 2024
Nonfarm Payrolls Private 194.00 -2.00 Thousand Nov 2024
Unemployment Rate 4.20 4.10 percent Nov 2024

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
62.50 62.60 67.30 58.10 1948 - 2024 percent Monthly
SA