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Indicator Definition:
Labor force participation rate is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period.
The statistic "Labor Force Participation Rate" stands at 65.84 percent as of 12/31/2024.
Regarding the One-Year-Change of the series, the current value constitutes a decrease of -0.11 percentage points compared to the value the year prior.
The 1 year change in percentage points is -0.11.
The 3 year change in percentage points is 5.46.
The 5 year change in percentage points is 5.46.
The 10 year change in percentage points is 3.36.
| Measure | Realization |
| Indicator Name: | Labor force participation rate, total (% of total population ages 15 64) (modeled ILO estimate) |
| Indicator Source: | International Labour Organization, ILOSTAT database. Data retrieved on June 15, 2021 | macro-rankings.com |
| Indicator Description: | Labor force participation rate is the proportion of the population ages 15-64 that is economically active: all people who supply labor for the production of goods and services during a specified period. |
| Observations earliest Date: | 12/31/1990 |
| Observations latest Date: | 12/31/2024 |