What was the labor force participation rate in 2010?

What was the labor force participation rate in 2010?

64.4%
The national labor force participation rate for the total population ages 16 and over decreased from 64.4% in 2010 to 63.6% in 2019.

What state has the highest labor force participation rate?

The following states have the highest labor force participation rates, in order: Nebraska (71.0%), South Dakota (69.0%), Minnesota (68.7%), Iowa (68.0%), Utah (67.1%), Kansas (67.0%), District of Columbia (66.7%), Colorado (66.2%), Wisconsin (66.2%), and Alaska/Connecticut (61.4%).

How has the labor force participation rate changes since 2008?

After trending up for more than three decades, the labor force participation rate peaked at 67.3 percent in early 2000. Over the next few years, the rate receded to about 66 percent and stayed at that level through 2008. The participation rate then dropped again, and by mid-2016, it stood at 62.7 percent.

What was the labor force participation rate?

The labour force participation rates is calculated as the labour force divided by the total working-age population. The working age population refers to people aged 15 to 64. This indicator is broken down by age group and it is measured as a percentage of each age group.

What was the labor force participation rate in 2008?

66.0 percent
The overall labor force participation rate, the proportion of the population that is in the labor force, peaked at 67.1 percent in the late 1990s into 2000 and then began to trend down. The participation rate was 66.0 percent in 2008.

What is the highest labor participation rate?

Labor Force Participation Rate in the United States averaged 62.85 percent from 1948 until 2022, 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.

Why is US labor force participation rate falling?

Much of the shortfall in the labor force has been attributed to a large decline in labor force participation rates. Labor force participation plummeted in the early stages of the pandemic as many businesses closed, schools moved online, and individuals isolated due to health concerns.

What is the labor force participation rate for 2014?

Since the final quarter of 2007, the labor force participation rate has fallen from 65.9 percent to 62.8 percent in the second quarter of 2014, a decline of 3.1 percentage points.

What was the labor participation rate in 2021?

61.7 percent
This graph shows the civilian labor force participation rate in the United States from 1990 to 2021. In 2021, about 61.7 percent of the American population, eligible to work, participated in the job market.

Is the US workforce declining?

The labor force participation rate for America’s core workforce of individuals ages 25 through 54 has declined 2.2 percentage points since 2000. That translates into 2.7 million fewer workers, and 1 million of that loss occurred just over the past two years, during the pandemic.