Historical Year Data · 2023
Labor Force Participation in 2023
Labor Force Participation opened 2023 at 62.40% and closed at 62.50%, a +0.16% move for the year. The high of 62.80% was reached on August 1, and the low of 62.40% on January 1.
Open
62.40%
2023-01
Close
62.50%
12 data points
High
62.80%
Aug 1
Low
62.40%
Jan 1
Full Year Change
+0.16%
2022 Change
+0.16%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 62.40% | 62.40% | 62.40% | 62.40% | +0.00% |
| Feb | 62.50% | 62.50% | 62.50% | 62.50% | +0.00% |
| Mar | 62.60% | 62.60% | 62.60% | 62.60% | +0.00% |
| Apr | 62.60% | 62.60% | 62.60% | 62.60% | +0.00% |
| May | 62.60% | 62.60% | 62.60% | 62.60% | +0.00% |
| Jun | 62.60% | 62.60% | 62.60% | 62.60% | +0.00% |
| Jul | 62.60% | 62.60% | 62.60% | 62.60% | +0.00% |
| Aug | 62.80% | 62.80% | 62.80% | 62.80% | +0.00% |
| Sep | 62.70% | 62.70% | 62.70% | 62.70% | +0.00% |
| Oct | 62.60% | 62.60% | 62.60% | 62.60% | +0.00% |
| Nov | 62.80% | 62.80% | 62.80% | 62.80% | +0.00% |
| Dec | 62.50% | 62.50% | 62.50% | 62.50% | +0.00% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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