Will the US civilian labor force participation rate reach or exceed 63.0% for any month before July 2023?
Closed Jul 01, 2023 07:01AM UTC
The COVID-19 pandemic hit the us labor market hard, and labor force participation has not recovered to pre-pandemic levels (US News & World Report, Brookings Institution, Fox Business). The question will be suspended on 30 June 2022 and the outcome determined using Bureau of Labor Statistics data as reported by the Federal Reserve Economic Database (FRED) (FRED).
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The question closed "No" with a closing date of 1 July 2023.
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Possible Answer | Correct? | Final Crowd Forecast |
---|---|---|
Yes | 1.85% | |
No | 98.15% |
Crowd Forecast Profile
Participation Level | |
---|---|
Number of Forecasters | 65 |
Average for questions older than 6 months: 215 | |
Number of Forecasts | 415 |
Average for questions older than 6 months: 605 |
Accuracy | |
---|---|
Participants in this question vs. all forecasters | better than average |