Question of the Day

Has the labor force participation rate for U.S. residents aged 16 and older increased or decreased since 2004?

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In 2004, 61% of U.S. residents aged 16 and older were participants in the U.S. labor force (this means they were either employed or looking for work). By 2014, this figure decreased to 55%. The U.S. Department of Labor projects this will drop to 50% over the next 8 years.

DocumentationLabor Force ParticipationLabor Force Concepts