Labor Force Participation Rate: Chart and History Since 1948

Share of people 16 and older who are working or looking for work. Latest reading for September 2026: 61.8% – up 0.2 points from the previous month, down 0.7 points from a year earlier.

Latest61.8%September 2026
Previous61.6%Aug 2026
Year earlier62.5%Sep 2025
10-year average62.4%
Record high67.3%Jan 2000
Record low58.1%Dec 1954
Share of people 16 and older working or looking for work, monthly. Source: U.S. Bureau of Labor Statistics via FRED. Updated . Use the buttons to change the time range; hover or tap for values. Download the data (CSV)

What the labor force participation rate measures

The percentage of the civilian population aged 16 and over that is in the labor force – either employed or unemployed and actively looking for work. Students, retirees, people caring for family and others not seeking a job are outside it. The figure comes from the same monthly household survey as the unemployment rate and is published in the jobs report.

How to read this chart

Two long trends dominate the chart. From the 1960s to the late 1990s participation rose as women joined the workforce in large numbers, peaking around 67% in 2000. Since 2008 it has drifted lower mainly because the baby-boom generation is retiring. Recessions cause dips on top of these trends, the deepest in April 2020. A missing point in late 2025 marks a month the survey was not conducted.

The latest reading in context

  • At 61.8%, the latest reading is below its 5-year average of 62.3% and below its 10-year average of 62.4%.
  • Of all 944 monthly readings since January 1948, 39% were lower than today’s and 60% were higher.
  • Direction: up 0.2 points over the past month; down 0.1 points over the past six months; down 0.7 points over the past year.
  • The highest value on record is 67.3% (January 2000, 26 years ago); the lowest is 58.1% (December 1954, 72 years ago).
  • The full history spans 12 US recessions, shaded grey on the chart.

Why it matters

Participation determines how many workers the economy has. A falling rate can make the unemployment rate look better than the labor market really is, because people who give up looking are no longer counted as unemployed. Over the long run, fewer workers per person means slower economic growth and more pressure on programs such as Social Security.

What moves the labor force participation rate

  • Population aging: people over 55 participate much less than younger adults
  • Women’s participation, which rose for decades and has since leveled off
  • School enrollment among young people
  • Job availability, wages and disability, which pull people in or keep them out

Key moments in its history

  1. 1948–1960sHovered around 58% to 60%, when most women did not work for pay.
  2. Early 2000Peaked at 67.3%.
  3. 2008–2015Fell steadily as the Great Recession and boomer retirements reduced the workforce.
  4. Apr 2020Dropped to about 60%, the lowest since the early 1970s.
  5. 2023Recovered to about 62.5%, close to the pre-pandemic level after adjusting for aging.

Labor Force Participation Rate data tables

Average by decade

DecadeAverageHighLow
2020s (so far)62.2%63.3%60.1%
2010s63.3%65.2%62.4%
2000s66.2%67.3%64.6%
1990s66.7%67.2%66.0%
1980s64.8%66.6%63.5%
1970s61.5%63.9%59.8%
1960s59.2%60.4%58.4%
1950s59.3%60.2%58.1%
1940s58.9%59.6%58.3%

Last 12 months

PeriodValueChange
Sep 202661.8%+0.2 pts
Aug 202661.6%+0.2 pts
Jul 202661.4%−0.1 pts
Jun 202661.5%−0.3 pts
May 202661.8%0.0 pts
Apr 202661.8%−0.1 pts
Mar 202661.9%−0.1 pts
Feb 202662.0%−0.1 pts
Jan 202662.1%−0.3 pts
Dec 202562.4%−0.1 pts
Nov 202562.5%
Oct 2025n/anot published

Monthly values. Decade figures are averages of the monthly values in each decade. The complete history is available as a CSV file.

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Labor Force Participation Rate: questions and answers

Why is the labor force participation rate falling?

Mostly because the population is getting older. Baby boomers began turning 65 in 2011, and retirees are counted as outside the labor force. Participation of people aged 25 to 54 has actually returned to near record highs.

What is the difference between participation and the employment rate?

Participation counts everyone working or looking for work. The employment-population ratio counts only those with jobs, so it falls when unemployment rises even if participation does not.

Why is October 2025 missing?

The household survey was not conducted during the October 2025 federal government shutdown, so no participation rate was published for that month.

Where does the data on this chart come from?

From the U.S. Bureau of Labor Statistics. ChartWidgets downloads the series (CIVPART) from FRED, the Federal Reserve Bank of St. Louis database, and checks for new releases every day. The last update was on November 1, 2026.