Week of September 10, 2018

Labor force participation rate

Labor force participation compared to total U.S. population

Labor force participation compared to total U.S. population
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Month Labor force
participation rate
Aug-2015 62.60%
Sep-2015 62.30%
Oct-2015 62.50%
Nov-2015 62.50%
Dec-2015 62.70%
Jan-2016 62.80%
Feb-2016 62.90%
Mar-2016 63.00%
Apr-2016 62.80%
May-2016 62.60%
Jun-2016 62.70%
Jul-2016 62.80%
Aug-2016 62.80%
Sep-2016 62.90%
Oct-2016 62.80%
Nov-2016 62.70%
Dec-2016 62.70%
Jan-2017 62.90%
Feb-2017 62.90%
Mar-2017 63.00%
Apr-2017 62.90%
May-2017 62.70%
Jun-2017 62.80%
Jul-2017 62.90%
Aug-2017 62.90%
Sep-2017 63.00%
Oct-2017 62.70%
Nov-2017 62.70%
Dec-2017 62.70%
Jan-2018 62.70%
Feb-2018 63.00%
Mar-2018 62.90%
Apr-2018 62.80%
May-2018 62.70%
Jun-2018 62.90%
Jul-2018 62.90%

Labor force participation rate is the percentage of people working or seeking work compared to the total population. Over the past 3 years, labor force participation rate interestingly shows a seasonal pattern. Roughly, labor force participation rates reach peaks in March and tend to decrease in December.

The labor force participation rate remained unchanged from June 2018 to July 2018 after a jump from May 2018, possibly due to the lower unemployment rate in recent months. Overall, labor force participation has trended upward since December 2015, likely due to economic growth. 1

1Source data: Bureau of Labor Statistics
Data date: 08/07/2018

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