Figure 3.
Labor Force Participation Rate, 1948–2017a
Sources: U.S. Bureau of Labor Statistics; National Bureau of Economic Research; author’s calculations.
a. Shading denotes recessions. The data are not seasonally adjusted, annual averages. The 2017 data point is the average of data from January through June. Data for 1990 to 2016 have been adjusted to account for the effects of the annual population control adjustments to the Current Population Survey.