Chart 2. Overall labor force participation rate, 1993–2023 and 2023–33 projected (in percent)
Year	Participation rate
1993	66.3
1994	66.6
1995	66.6
1996	66.8
1997	67.1
1998	67.1
1999	67.1
2000	67.1
2001	66.8
2002	66.6
2003	66.2
2004	66.0
2005	66.0
2006	66.2
2007	66.0
2008	66.0
2009	65.4
2010	64.7
2011	64.1
2012	63.7
2013	63.2
2014	62.9
2015	62.7
2016	62.8
2017	62.9
2018	62.9
2019	63.1
2020	61.7
2021	61.7
2022	62.2
2023	62.6
2024 projected	62.4
2025 projected	62.2
2026 projected	62.0
2027 projected	61.9
2028 projected	61.7
2029 projected	61.6
2030 projected	61.4
2031 projected	61.3
2032 projected	61.2
2033 projected	61.2
Source: U.S. Bureau of Labor Statistics.