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The standard measure of the availability of jobs is the national unemployment rate, or the share of the labor force who is looking for work. A low unemployment rate implies that it is relatively easy for job seekers to secure employment. ... Employment growth over the last two decades has been much greater in some industries than others. For ...

Labor force and employment growth rates are projected to continue to slow through the 2023–33 projections period because of continuing demographic trends, particularly the aging of the population. This shift in population dynamics also contributes to a projected continual decline of the nation’s overall labor force participation rate, with ...

The annual growth rate of the labor force was cut in half in the following decade, 2004–14, to an average of 0.6 percent. The drop was the result of average annual growth of the civilian noninstitutional popula­tion slowing down to 1.0 percent and the labor force participation rate declining by 0.5 percent. The labor force is projected to ...

Employment growth has consistently come in above pre-pandemic estimates of the rate needed for unemployment to stay near its long-run natural rate. Even so, unemployment has held steady, which raises the question of whether the “breakeven” employment growth rate has changed. In the short-run, recent surges in immigration and labor force participation have caused the current breakeven ...

U.S. Job Growth Remained Strong in April Employers added 177,000 jobs in April, a slight dip in hiring from 185,000 in March. The unemployment rate was unchanged at 4.2 percent.

Underestimation of labor force growth. If more individuals entered the labor force than anticipated (because of a higher participation rate or population growth above the projected value), that could offset employment gains and push the unemployment rate higher. Divergence between CES and CPS employment measures.

CRS Product Type: Reports: Topics: Labor & Employment: Publication Date: 03/21/2025: Author: Donovan, Sarah A.

US job growth was robust in April and the unemployment rate held steady despite deep uncertainty over President Donald Trump’s trade policies, which economists expect will dent hiring plans over ...

In the United States, the share of working-age people (15 to 64 years old) peaked in 2007 and has been declining since—a trend that will likely slow economic growth. Such decline could potentially be mitigated by increasing participation rates by 2.7 percentage points or by adding 1.5 more hours of work per week on average.

The breakdown of the growth is an increase of 201,000 employed and a 31,000 increase in the unemployed. ... Additionally the labor force participation rate and employment to population ratio for the 25-54 age group cohort have climbed back up to levels last seen pre-Great Recession.

The labor force participation rate is the ratio between the labor force and the overall size of the working aged population. ... Basic Statistic U.S. inflation rate versus wage growth 2020-2024

Information about the nation’s workforce, changes in employment rates and unemployment rates at the national, state, county or city level. ... The Census Bureau's labor force statistics provide information about employment status, employment dynamics, and work experience (usual hours worked, and the number of weeks worked in the last year). ...

The prime factors that affect population growth, and, ultimately, labor force participation, are native-born fertility rates, which fell in 2023 to their lowest point in a century, and immigration ...

3. Changes in labor force share by age group. While the majority of the labor force will remain workers ages 25-54, the youngest group, those ages 16-24, is projected to see a decline in their share of the labor force by 2033, in part the result of lower birth rates in recent years.

The methodology used to project the labor force is described in detail on the Employment Projections program's methodology page and in the BLS Handbook of Methods. Data Tables. All labor force tables in a single file . Table 3.1 Civilian labor force by age, sex, race, and ethnicity, 2003, 2013, 2023, and projected 2033

Adults ages 65 and older are projected to be 8.6% of the labor force (those working and looking for work) in 2032, up from 6.6% in 2022. Older adults are projected to account for 57% of labor force growth over this period. Older adults are one of the few age groups that are expected to increase their labor force participation rate over the decade.

Explanations for the decline of labor force participation for prime age men (ages 25 to 54), vary, including skills mismatch and going to school. The reality is that the labor force participation rates are unlikely to fully recover. In fact, experts estimate that the overall labor force participation rate will drop to 60.4% in 2030. Nearly ...

Since peaking at around 60% in 1999, the women’s labor force participation rate flattened and then declined. As of March 2025, the rate is holding steady at 57.5%, and women now represent nearly half (47%) of the total U.S. labor force. Prime working-age women (ages 25-54) represent a significant and growing segment of the U.S. labor force.

Eight line charts, 1 for each of the highlighted countries, plot actual labor force growth from 2010 to 2023 and projected growth from 2023 to 2030. The line splits into 2 at 2023, representing stable and growing participation rate scenarios. The growing scenario lines are higher than the 2023 level across all countries except Germany and Italy.