The Labor force participation rate at 62.6% and the employment-population rate at 60.4% in April 2023 remains to be below the pre-pandemic levels when compared to the February 2020 data at 63.3% and 61.1% respectively.
Unemployed individuals in the United States were at 5.7 million or a rate of 3.4% as of April 2023, showing little change from that of March 2022 where the unemployment rate was between 3.4% to 3.7%.
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Source:
Bureau of Labor and Statistics:
Graph: Civilian labor force participation rate
Graph: Employment-population ratio