▸Labor force participation rate: 66.76%
- At 66.8%, the participation rate sits in the range typical of large advanced economies such as the United States (historically 62-67%).
- The unemployment rate of 7.5% is elevated, suggesting significant spare capacity in the labor market.
- 33.2% of the working-age population (77,594) are outside the labor force entirely - this group includes retirees, students, caregivers, and discouraged workers.
- The employment-to-population ratio is 61.7%, measuring what share of the working-age population is actually employed rather than merely seeking work.
Next stepTo track economic health over time, compare this rate across quarters or years - a falling LFPR even as unemployment drops can signal growing discouragement rather than genuine improvement.