Description of LFS
The number of persons who were in the labor force was reported at 43.0 million of the estimated 71.6 million population 15 years old and over in July 2018.
The preliminary results of the Annual Labor and Employment Estimates for 2018 based on the average of the four (4) LFS rounds (January, April, July and October) reported an annual labor force participation rate of 60.9 percent out of 71.3 million population 15 years old and over.
The employment rate in October 2018 was estimated at 94.9 percent. In October 2017, the employment rate was 95.0 percent.