Figure 5. Historical labor force participation rates, 1994–2014; projected rates, 2012–22 and 2014–24; and constant participation rate at 2014 percentage (percent)
Year Historical Projected, 2012–22 Projected, 2014–24 Constant at 2014 percentage

1994

66.6

1995

66.6

1996

66.8

1997

67.1

1998

67.1

1999

67.1

2000

67.1

2001

66.8

2002

66.6

2003

66.2

2004

66.0

2005

66.0

2006

66.2

2007

66.0

2008

66.0

2009

65.4

2010

64.7

2011

64.1

2012

63.7 63.7

2013

63.2 63.5

2014

62.9 63.3 62.9 62.9

2015

63.1 62.7 62.7

2016

63.0 62.5 62.4

2017

62.7 62.3 62.1

2018

62.5 62.1 61.9

2019

62.3 61.9 61.6

2020

62.0 61.7 61.3

2021

61.8 61.5 61.0

2022

61.6 61.3 60.7

2023

61.1 60.4

2024

60.9 60.1
Source: U.S. Bureau of Labor Statistics.