Historical Year Data · 1979

Labor Force Participation in 1979

Labor Force Participation opened 1979 at 63.60% and closed at 63.90%, a +0.47% move for the year. The high of 63.90% was reached on December 1, and the low of 63.30% on May 1.

Open

63.60%

1979-01

63.90%

12 data points

High

63.90%

Dec 1

Low

63.30%

May 1

Full Year Change

+0.47%

1978 Change

+1.27%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	63.60%	63.60%	63.60%	63.60%	+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	63.50%	63.50%	63.50%	63.50%	+0.00%
May	63.30%	63.30%	63.30%	63.30%	+0.00%
Jun	63.50%	63.50%	63.50%	63.50%	+0.00%
Jul	63.60%	63.60%	63.60%	63.60%	+0.00%
Aug	63.60%	63.60%	63.60%	63.60%	+0.00%
Sep	63.80%	63.80%	63.80%	63.80%	+0.00%
Oct	63.70%	63.70%	63.70%	63.70%	+0.00%
Nov	63.70%	63.70%	63.70%	63.70%	+0.00%
Dec	63.90%	63.90%	63.90%	63.90%	+0.00%

Events During 1979

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.

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