Labor market, Overall in United States
United States: Labor market, Overall was 0.9702 in 2014. ▬ Flat
Labor market, Overall in United States, 1973–2014
Source: International Monetary Fund.
Analysis
United States recorded 0.9702 for labor market, overall in 2014. That is the lowest value across all 42 years on record.
That represents a change of unchanged over ten years.
Over the whole period, labor market, overall in United States peaked at 1 in 1973 and was at its lowest, 0.9702, in 1989.
United States ranks 2nd of 90 countries on this measure, in the top 10%.
Labor market, Overall in United States, year by year
| Year | Value | Change |
|---|---|---|
| 1973 | 1 | — |
| 1974 | 1 | +0.0% |
| 1975 | 1 | +0.0% |
| 1976 | 1 | +0.0% |
| 1977 | 1 | +0.0% |
| 1978 | 1 | +0.0% |
| 1979 | 1 | +0.0% |
| 1980 | 1 | +0.0% |
| 1981 | 1 | +0.0% |
| 1982 | 1 | +0.0% |
| 1983 | 1 | +0.0% |
| 1984 | 1 | +0.0% |
| 1985 | 1 | +0.0% |
| 1986 | 1 | +0.0% |
| 1987 | 1 | +0.0% |
| 1988 | 1 | +0.0% |
| 1989 | 0.9702 | -3.0% |
| 1990 | 0.9702 | +0.0% |
| 1991 | 0.9702 | +0.0% |
| 1992 | 0.9702 | +0.0% |
| 1993 | 0.9702 | +0.0% |
| 1994 | 0.9702 | +0.0% |
| 1995 | 0.9702 | +0.0% |
| 1996 | 0.9702 | +0.0% |
| 1997 | 0.9702 | +0.0% |
| 1998 | 0.9702 | +0.0% |
| 1999 | 0.9702 | +0.0% |
| 2000 | 0.9702 | +0.0% |
| 2001 | 0.9702 | +0.0% |
| 2002 | 0.9702 | +0.0% |
| 2003 | 0.9702 | +0.0% |
| 2004 | 0.9702 | +0.0% |
| 2005 | 0.9702 | +0.0% |
| 2006 | 0.9702 | +0.0% |
| 2007 | 0.9702 | +0.0% |
| 2008 | 0.9702 | +0.0% |
| 2009 | 0.9702 | +0.0% |
| 2010 | 0.9702 | +0.0% |
| 2011 | 0.9702 | +0.0% |
| 2012 | 0.9702 | +0.0% |
| 2013 | 0.9702 | +0.0% |
| 2014 | 0.9702 | +0.0% |
United States compared with similar countries
- United States's 0.9702 is above the median for high income countries, which is 0.7179, 1.4× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1 | 1 | 1 | 7 |
| 1980s | 0.997 | 0.9702 | 1 | 10 |
| 1990s | 0.9702 | 0.9702 | 0.9702 | 10 |
| 2000s | 0.9702 | 0.9702 | 0.9702 | 10 |
| 2010s | 0.9702 | 0.9702 | 0.9702 | 5 |
Countries ranked near United States
- 1 Nigeria 0.9726 compare
- 3 Costa Rica 0.9625 compare
- 4 Guatemala 0.9037 compare
- 5 Switzerland 0.8851 compare
More work & labour data for United States
- Persons outside the labour force (ILO modelled estimates) 113,208 (2027)
- Labour force participation rate (ILO modelled estimates) 61.24 (2027)
- Labour force (ILO modelled estimates) 178,849 (2027)
- Unemployment rate (ILO modelled estimates) 4.4 (2027)
- Labour dependency ratio 1.05 (2027)
- Output per worker, GDP constant 2021 international $ at PPP 159,991 (2027)
- Output per worker, GDP constant 2015 US $ 141,322 (2027)
- Employment-to-population ratio (ILO modelled estimates) 58.55 (2027)
- Persons outside the labour force (ILO modelled estimates) (15+) 1.27 % change on previous year (2027)
- Labour force (ILO modelled estimates) (15+), annual growth rate 0.3372 % change on previous year (2027)
Frequently asked questions
- What is labor market, overall in United States?
- Labor market, overall in United States was 0.9702 in 2014, according to International Monetary Fund.
- What is the highest labor market, overall recorded in United States?
- The highest recorded value was 1 in 1973.
- What is the lowest labor market, overall recorded in United States?
- The lowest recorded value was 0.9702 in 1989.
- How does United States rank for labor market, overall?
- United States ranks 2nd out of 90 countries with data for 2014.
- Is labor market, overall rising or falling in United States?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this United States data come from?
- The figures come from International Monetary Fund, published as part of Labor market, Overall. Statizoid updates them automatically from the source API.
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About this data
The SRD contains data on a wide range of structural policies across different countries. These policies are things that affect how markets function, like labor laws, regulations on businesses, and trade policies.