Figure A

Labor force participation increased in 2024, less so in 2025: Percentage point change in prime-age labor force participation rate and employment-to-population ratio since January 2024

Date Labor Force Participation Rate Employment-to-population ratio
Jan-2024 0 0
Feb-2024 0.2 0.1
Mar-2024 0.1 0.1
Apr-2024 0.2 0.2
May-2024 0.3 0.2
Jun-2024 0.4 0.1
Jul-2024 0.6 0.3
Aug-2024 0.6 0.3
Sep-2024 0.5 0.3
Oct-2024 0.2 0
Nov-2024 0.2 -0.2
Dec-2024 0.1 -0.1
Jan-2025 0.2 0.1
Feb-2025 0.2 -0.1
Mar-2025 0 -0.2
Apr-2025 0.3 0.1
May-2025 0.1 -0.1
Jun-2025 0.2 0.1
Jul-2025 0.1 -0.2
Aug-2025 0.4 0.1
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Economic Policy Institute

Note: Prime-age includes individuals ages 25-54 years old. 

Source: EPI analysis of Bureau of Labor Statistics’ Current Population Survey public data. 

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