Historical Year Data · 1982
Labor Force Participation in 1982
Labor Force Participation opened 1982 at 63.70% and closed at 64.10%, a +0.63% move for the year. The high of 64.20% was reached on May 1, and the low of 63.70% on January 1.
Open
63.70%
1982-01
Close
64.10%
12 data points
High
64.20%
May 1
Low
63.70%
Jan 1
Full Year Change
+0.63%
1981 Change
-0.47%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 63.70% | 63.70% | 63.70% | 63.70% | +0.00% |
| Feb | 63.80% | 63.80% | 63.80% | 63.80% | +0.00% |
| Mar | 63.80% | 63.80% | 63.80% | 63.80% | +0.00% |
| Apr | 63.90% | 63.90% | 63.90% | 63.90% | +0.00% |
| May | 64.20% | 64.20% | 64.20% | 64.20% | +0.00% |
| Jun | 63.90% | 63.90% | 63.90% | 63.90% | +0.00% |
| Jul | 64.00% | 64.00% | 64.00% | 64.00% | +0.00% |
| Aug | 64.10% | 64.10% | 64.10% | 64.10% | +0.00% |
| Sep | 64.10% | 64.10% | 64.10% | 64.10% | +0.00% |
| Oct | 64.10% | 64.10% | 64.10% | 64.10% | +0.00% |
| Nov | 64.20% | 64.20% | 64.20% | 64.20% | +0.00% |
| Dec | 64.10% | 64.10% | 64.10% | 64.10% | +0.00% |
Events During 1982
1979 Volcker Shock
Stagflation
October 1979 – August 1982
Paul Volcker's Fed raised interest rates to 20% to break entrenched inflation. The policy triggered the deepest post-war recession but ended the stagflation era and established inflation-targeting credibility.
1982 Latin American Debt Crisis
Deflation
August 1982 – 1989
Mexico defaulted on its external debt in August 1982, triggering a seven-year crisis that engulfed Brazil, Argentina, Chile, and most of Latin America. The "lost decade" reshaped emerging market finance.
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