What was the labor force participation rate in 2013?
Last Friday’s jobs report revealed that the labor force participation rate – the proportion of the working age, civilian non-institutional population that either has a job or is actively looking for one – hit 63.8 percent, the lowest rate since February 1979.
What was unemployment rate in 2012?
The seasonally adjusted underemployment rate was 7.2 per cent in November 2012. Combined with the unemployment rate of 5.2 per cent, the latest estimate of total seasonally adjusted labour force underutilisation was 12.5 per cent in November. More details are in the November 2012 issue of Labour Force, Australia (cat.
What is the current labor force participation rate?
|United States Labour||Last||Lowest|
|Average Weekly Hours||34.70||33.70|
|Labor Force Participation Rate||61.70||58.10|
|Long Term Unemployment Rate||1.97||0.08|
|Youth Unemployment Rate||9.90||4.80|
Why is US labor force participation rate falling?
Because older Americans are less likely than younger ones to be in the labor force, this demographic shift reduced the overall labor force participation rate. Labor force participation includes working-age adults who are either working or looking for work.
What was the employment rate in 2012?
Unemployment and labor force participation rates down in August 2012. In August 2012, the unemployment rate edged down to 8.1 percent. Since the beginning of this year, the rate has held in a narrow range of 8.1 to 8.3 percent. The number of unemployed persons, at 12.5 million, was little changed in August.
What does high labor force participation rate mean?
The labor force participation rate is the percentage of the civilian noninstitutional population 16 years and older that is working or actively looking for work. It is an important labor market measure because it represents the relative amount of labor resources available for the production of goods and services.
What is the current civilian labor force participation rate?
Range: 58 to 68. Percent Civilian labor force participation rate, seasonally adjusted Click and drag within the chart to zoom in on time periods Total Men, 20 years and older Women, 20 years and older 16 to 19 years old White Black or African American Asian Hispanic or Latino 58.0 60.0 62.0 64.0 66.0 68.0 Hover over chart to view data.
What was the women’s labor force participation rate in 1999?
In 1999, the women’s participation rate reached a peak of 60 percent. By 2000, however, this rate had declined slightly to 59.9 percent, and since then it has been displaying a pattern of slow decline in each successive period, falling to 59.3 percent in 2005.
Are there gender gaps in the labor force?
In 2012, labor force participation rates were higher for men than for women in all 16 countries compared. The lowest gender gaps were in Sweden and Canada, while the largest disparity in gender participation existed in Turkey, Mexico and the Republic of Korea.
Are there any international comparisons of labor force?
BLS has eliminated the International Labor Comparisons (ILC) program. This is the last scheduled release of new data on international comparisons of labor force statistics. The unemployment rate is the unemployed as a percentage of the labor force; it is the most widely used measure of an economy’s unused labor supply.