Employment-Population Ratio

Employment-Population Ratio is the share of the eligible population that is employed, reported as Percent.

58.90

Percent

Updated 2026-07-01 · monthly Stable

Employment-Population Ratio — latest reading: 58.90 percent. As of July 2026, it is down 1.3% over the past 12 months, well below its 10-year average. Source: EMRATIO, US Bureau of Labor Statistics, published monthly. Reported as published, without transformation; the publisher may revise it.

Min

51.20

Max

64.70

Average

59.26

10Y Percentile

15%

3M Change

-0.3%

Jul 2026 · 58.9 Percent
NBER recession periods

Employment-Population Ratio (EMRATIO) — 942 observations from 1948-01-01 to 2026-07-01. Source: FRED, Federal Reserve Bank of St. Louis. Red shading indicates NBER recession periods.

Compare Employment-Population Ratio with other indicators →

How these numbers changed

Every figure above is the current one. These are the same periods as first published — what Employment-Population Ratio said on the day, before it was restated. Measured in Percent.

PeriodFirst printNowChangeRepublished
Jan 202659.859.4-0.4

Employment-Population Ratio for January 2026 first printed at 59.8 on February 11, 2026, was revised once, and now reads down to 59.4. Recompute any row from FRED's own vintage archive.

Macro Regime Context

The growth regime is currently late cycle (67% confidence).

See what this means across all four regime dimensions →

3-Month

-0.3%

6-Month

-0.8%

12-Month

-1.3%

What this means

Employment-Population Ratio is currently at 58.90 percent, which is well below its 10-year historical average. The trend is stable (-0.3% over the past 3 months).

Over the past 6 months the change is -0.8%, and over 12 months it is -1.3%. The short-term pace is consistent with the longer trend.

Cite this page

MacroRadar, "Employment-Population Ratio," https://www.macroradar.io/employment-population-ratio (as of July 2026).