Long-Term Employment Trends by Age and Gender: December 2024

Published on January 14, 2025

The labor force participation rate (LFPR) is a simple computation: You take the civilian labor force (people aged 16 and over employed or seeking employment) and divide it by the civilian non-institutional population (those 16 and over not in the military and or committed to an institution). As of December, the labor force participation rate is at 62.5%, unchanged from the previous month.

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