Full Citation

Title: A Guide to State-Level Estimates of Labor Force Participation Rates

Citation Type: Miscellaneous

Publication Year: 2023

ISBN:

ISSN: 2691-9710

DOI: 10.26509/FRBC-DDB-20230712

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Abstract: Between February 2020 and April 2020, the US labor force participation rate (LFPR) fell by more than 3 percentage points—that’s five times larger than the largest two-month drop from 1970 through 2019. Nearly three years later, in January 2023, the US LFPR remained almost a percentage point below its prepandemic level. Such large changes in the US LFPR have brought new attention to state-level estimates of the LFPR, as people want to know how their state has fared. This District Data Brief is a short introduction to state-level estimates of the LFPR and what they can—and cannot—tell us about recent trends in the LFPRs of states in the Fourth Federal Reserve District.1 While monthly state-level LFPRs are best thought of as “ballpark estimates,” the annual estimates from the American Community Survey are precise enough to measure year-to-year changes in state-level LFPRs.

Url: https://www.clevelandfed.org/publications/cleveland-fed-district-data-brief/2023/cfddb-20230712-a-guide-to-state-level-estimates-of-labor-force-participation-rates

User Submitted?: No

Authors: Elvery, Joel A.; Brizuela, Isabel; Gerring, Jayme V.

Publisher: Federal Reserve Bank of Cleveland

Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure, Population Data Science

Countries: