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Economy/Participation
LaborUpdated with every release

Labor Force Participation Rate

The labor force participation rate is the share of the civilian working-age population that is either employed or actively looking for work. It is the essential context for the unemployment rate: a falling jobless rate can mean more people are working, or simply that discouraged workers have given up and dropped out of the labor force entirely.

Latest reading

As of June 2026, Participation (Participation rate) stands at 61.5% — down from 61.8% the prior reading. The level reflects deep structural forces — aging demographics, college enrollment, retirement patterns — so the prime-age (25-54) rate is the cleaner cyclical read and should sit above 80% in a healthy economy. The headline rate peaked at 67.3% in 2000 and has trended lower since; participation fell sharply in 2020 and was slow to recover, fueling labor shortages. Series history runs from 1948 to present.

Sources, methodology & freshnessLast updated 2026-07-24 · Open ↓
Source
BLS via FRED (CIVPART), monthly, seasonally adjusted
Methodology
Complete monthly history, charted as released — release-dated readings, no smoothing or adjustment beyond what the chart legend states
Updates
Monthly, with every releaseLast: 2026-07-24
Maintained & reviewed by Yuriy Matso — methodology shown on the page.
ParticipationReleased 2026-07-02covers Jun 2026
61.5%
from 61.8%

Participation rate

All-time high 67.3% (2000-01)
All-time low 58.1% (1954-12)
Since 1948
Observations 941

Next release: Aug 7, 2026

01

Full history

Range:
Participation rate12-month averageSPY price (right, since 1993)
02

Methodology & data

Participation is sourced from BLS via the Federal Reserve's FRED service (BLS via FRED (CIVPART), monthly, seasonally adjusted). We pull the complete history, chart it on a monthly basis, overlay SPY for context, and generate a dated plain-English reading from the latest release — with no smoothing or adjustment beyond what the chart legend states.

Every reading is stamped with its release date, last updated 2026-07-24. Maintained and reviewed by Yuriy Matso; see our methodology for the standards every series on the site is held to.

03

Frequently asked questions

What is the Labor Force Participation Rate?

The labor force participation rate is the share of the civilian working-age population that is either employed or actively looking for work. It is the essential context for the unemployment rate: a falling jobless rate can mean more people are working, or simply that discouraged workers have given up and dropped out of the labor force entirely.

How do you read Participation?

The level reflects deep structural forces — aging demographics, college enrollment, retirement patterns — so the prime-age (25-54) rate is the cleaner cyclical read and should sit above 80% in a healthy economy. The headline rate peaked at 67.3% in 2000 and has trended lower since; participation fell sharply in 2020 and was slow to recover, fueling labor shortages.

Where does the Participation data come from?

BLS via FRED (CIVPART), monthly, seasonally adjusted. We chart the full history and publish a dated, plain-English reading with every release; the raw series is downloadable as CSV at /data/indicators/labor-force.csv.

How often is Participation updated?

Participation is a monthly series from BLS, refreshed here as soon as a new release posts to FRED.

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