Finance

Labor Force Participation Rate Calculator

Calculate the percentage of working-age population employed or actively seeking work.

Employed + unemployed (seeking work)
Formulas:
LFPR = Labor Force / Working-Age Population × 100
Unemployment Rate = Unemployed / Labor Force × 100
Employment-Population Ratio = Employed / WAP × 100

Understanding LFPR

LFPR measures what percentage of the eligible population is either working or looking for work. People not in the labor force include retirees, students, stay-at-home parents, and discouraged workers. US LFPR peaked at 67.3% in 2000 and was ~62.5% in 2024.