Population and labor force
Population and labor force
Data Source: Bureau of Labor Statistics (BLS) and (U.S. Congressional Budget Office)
As of July 2023 (USA, BLS)
Population: 335.3 million
Civilian noninstitutional population: 267.0 million
Labor force: 167.1 million
Employed: 161.2 million
Unemployed: 5.9 million
Labor force participation rates and employment to population ratios (BLS)
Labor force participation rates and employment to population ratios (BLS)
Labor participation rates (blue line) for the working-age population steadily climbed up from 1950’s to 2000 and has declined ever since then. One argument: because of the change of lady’s labor force participation rate. They are kind of unrelated to economic conditions.
Employment-to-population ratios (orange line) show the relation to the economic conditions (coming from employment rate) and the trend of labor force participation.
Unemployment rates (BLS)
Unemployment rates (BLS)
Natural unemployment rates (U.S. Congressional Budget Office)
Natural unemployment rates (U.S. Congressional Budget Office)
