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In the third quarter of 2023, the labor force participation rate of Hispanics was higher than the national average
The labor force participation rate represents the number of people in the labor force as a percent of the population. The overall labor force participation rate for everyone age 16 and older was 62.9 percent in the third quarter of 2023, while Hispanics or Latinos had a rate of 67.2 percent.
Labor force participation rates vary widely among the Hispanic or Latino ethnic groups. From 2014 to 2023, Salvadorans, Other Central Americans (excludes Salvadorans), and South Americans had significantly higher labor force participation rates than the rest of the Hispanic or Latino groups. In the third quarter of 2023, the labor force participation rate was 72.2 percent for Salvadorans, 71.2 percent for Other Central Americans (excludes Salvadorans), and 70.9 percent for South Americans. By contrast, the rate was 61.3 percent for Puerto Ricans, 63.8 percent for Cubans, and 64.8 percent for Other Hispanics or Latinos (excludes Dominicans).