In October 2024, the civilian labor force amounted to 168.48 million people in the United States. The term civilian labor force is used by the U.S. Bureau of Labor Statistics (BLS) to describe the subset of Americans who have jobs or are seeking a job, are at least 16 years old, are not serving in the military, and are not institutionalized.

This graph shows the civilian labor force in the United States from 1990 to 2023. In 2023, the number of people who had jobs or were seeking employment amounted to about 167.12 million.

United States workforce management market size is projected to exhibit a growth rate (CAGR) of 9.50% during 2024-2032. The integration of advanced technologies, growing trend of remote and hybrid work models, the implementation of strict labor laws and regulations, rapid expansion of the gig economy, and the escalating need for data-driven decision-making represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, deployment type, organization size, and vertical.

In October 2024, the number of people in the civilian labor force in the United States amounted to 168.57 million. The term civilian labor force is used by the U.S. Bureau of Labor Statistics (BLS) to describe the subset of Americans who have jobs or are seeking a job, are at least 16 years old, are not serving in the military and are not institutionalized. In other words, all Americans who are eligible to work in the everyday U.S. economy.

Key information about United States Labour Force Participation Rate

• United States Labour Force Participation Rate remained the same rate at 62.3 % in Feb 2025, compared with 62.3 % in the previous month.
• US Labour Force Participation Rate is updated monthly, available from Jan 1948 to Feb 2025, with an average rate of 62.9 % .
• The data reached the an all-time high of 68.1 % in Jul 1997 and a record low of 57.2 % in Jan 1948.
• US Labour Force Participation Rate is reported by reported by U.S. Bureau of Labor Statistics.
• In the latest reports, US Population reached 341.2 million people in Dec 2024.
• Unemployment Rate of US increased to 4.1 % in Feb 2025.
• The country's Monthly Earnings stood at 4,900.8 USD in Feb 2025.

North America held the major market of more than 40% of the global revenue with a market size of USD 2.60 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030

As of October 2024, there were 133.89 million full-time employees in the United States. This is a slight decrease from the previous month, when there were 134.15 million full-time employees. The impact COVID-19 on employment In December 2019, the COVID-19 virus began its spread across the globe. Since being classified as a pandemic, the virus caused a global health crisis that has taken the lives of millions of people worldwide. The COVID-19 pandemic changed many facets of society, most significantly, the economy. In the first years, many businesses across all industries were forced to shut down, with large numbers of employees being laid off. The economy continued its recovery in 2022 with the nationwide unemployment rate returning to a more normal 3.4 percent as of April 2023. Unemployment benefits Because so many people in the United States lost their jobs, record numbers of individuals applied for unemployment insurance for the first time. As an early response to this nation-wide upheaval, the government issued relief checks and extended the benefits paid by unemployment insurance. In May 2020, the amount of unemployment insurance benefits paid rose to 23.73 billion U.S. dollars. As of December 2022, this value had declined to 2.24 billion U.S. dollars.

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Workforce Analytics Market Size 2025-2029

The workforce analytics market size is forecast to increase by USD 3.27 billion, at a CAGR of 19.1% between 2024 and 2029.

The market is experiencing significant growth due to the increasing demand for efficient workforce management and recruitment. This trend is driven by the need to optimize labor costs, improve productivity, and enhance workforce performance. Another key factor fueling market growth is the increasing use of mobile applications for workforce analytics. Hiring teams rely on these insights to make informed decisions, while professional services and managed services providers offer expertise in HR analytics tools and management training programs. 
These solutions enable real-time access to data and analytics, allowing organizations to make informed decisions on the go. However, the lack of a skilled workforce poses a challenge to market growth. Organizations are investing in training and development programs to address this issue and build a strong talent pool. Overall, the market is poised for strong growth In the coming years, as more organizations recognize the value of data-driven workforce management strategies.

What will be the Workforce Analytics Market Size During the Forecast Period?

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The market is experiencing significant growth as businesses increasingly leverage data analytics solutions to optimize staffing, development and training, compensation management, talent management, recruitment, and HR processes. Machine learning and data mining technologies enable advanced pattern matching, turnover modeling, risk assessment, productivity indexing, and real-time talent decisions. Employee experience, engagement, and performance improvement are key focus areas, with AI and regression analysis used to identify trends and address performance anxieties.
The market is dynamic, with continuous innovation in areas such as machine learning algorithms, natural language processing, and predictive analytics.

How is this Workforce Analytics Industry segmented and which is the largest segment?

The workforce analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Retail
  BFSI
  Telecom and IT
  Healthcare
  Others


Application

  Large enterprises
  Small and medium sized enterprise


Deployment

  Cloud
  On-premise


Service

  Consulting Services
  System Integration
  Managed Services


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America



  Middle East and Africa

By End-user Insights

The retail segment is estimated to witness significant growth during the forecast period. In today's dynamic retail industry, workforce management has emerged as a critical success factor for businesses aiming to stay competitive. With growing consumer demands, increasing competition from e-commerce, and the need for continuous product innovation, retailers are investing heavily In their workforce to drive business growth. This includes areas such as performance evaluation, staffing, development and training, compensation and benefits, talent management, recruitment, employee collaboration, and long-term labor issues. HR teams are leveraging advanced technologies like machine learning, blockchain, and predictive analytics to optimize workforce performance, improve productivity, and enhance employee engagement. HR data is mined to identify talent gaps, predict turnover, assess risks, and index productivity.

These insights enable real-time talent decisions, career progression, and performance improvement. HR analytics tools are used to analyze HR data and generate actionable insights, while AI and ML algorithms help automate routine HR tasks and provide data-driven recommendations. The work-from-home model and cloud-based HR solutions have become increasingly popular, offering flexibility and cost savings. Data security is a top priority, ensuring the confidentiality, integrity, and availability of people data. By focusing on workforce optimization, retailers can improve employee experience, increase productivity, and retain top talent, ultimately driving business growth.

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The retail segment was valued at USD 342.20 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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This statistic denotes the global market size across several regions including North America, Europe, APAC, South America, and MEA. The workforce analytics market size was estimated to be at USD 983.73 mn in 2020-2024.

The size of the global workforce analytics market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Automatic Data Processing Inc., Cornerstone OnDemand Inc., Infor Inc., International Business Machines Corp., Kronos Inc., Oracle Corp., Paycor Inc., SAP SE, Tableau Software LLC, and Workday Inc.

Graph and download economic data for All Employees, Federal (CES9091000001) from Jan 1939 to Feb 2025 about establishment survey, federal, government, employment, and USA.

The Report Includes Latin America Mobile Workforce Management and the Market is Segmented by Type (Workforce Scheduling and Workforce Analytics, Time and Attendance Management, Performance and Goal Management, Absence and Leave Management), Deployment Mode (On-premise, Cloud), End-user Vertical (BFSI, Consumer Goods and Retail, Automotive, Energy and Utilities, Healthcare, Manufacturing), and Country (Brazil, Mexico, Argentina, Rest of Latin America). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

The statistic shows the distribution of the workforce across economic sectors in the United States from 2013 to 2023. In 2023, 1.57 percent of the workforce in the US was employed in agriculture, 19.34 percent in industry and 79.09 percent in services. See U.S. GDP per capita for more information. American workforce A significant majority of the American labor force is employed in the services sector, while the other sectors, industry and agriculture, account for less than 20 percent of the US economy. However, the United States is among the top exporters of agricultural goods – the total value of US agricultural exports has more than doubled since 2000. A severe plunge in the employment rate in the US since 1990 shows that the American economy is still in turmoil after the economic crisis of 2008. Unemployment is still significantly higher than it was before the crisis, and most of those unemployed and looking for a job are younger than 25; youth unemployment is a severe problem for the United States, many college or university graduates struggle to find a job right away. Still, the number of employees in the US since 1990 has been increasing slowly, with a slight setback during and after the recession. Both the number of full-time and of part-time workers have increased during the same period. When looking at the distribution of jobs among men and women, both project the general downward trend. A comparison of the employment rate of men in the US since 1990 and the employment rate of women since 1990 shows that more men tend to be employed than women.

The report covers North America Workforce Management (WFM) Software Companies and the market is Segmented by Type(Workforce Scheduling and Workforce Analytics, Time and Attendance Management, Performance and Goal Management, Absence and Leave Management), Deployment Mode (On-Premise, Cloud), End-User Industry (BFSI, Consumer Goods and Retail, Automotive, Energy and Utilities, Healthcare, Manufacturing), Country (US, Canada). the Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments. Source: https://www.mordorintelligence.com/industry-reports/north-america-workforce-management-software-market

North America Workforce Management Software Market size was valued at USD 9.5 Billion in 2024 and is projected to reach USD 14.7 Billion by 2031, growing at a CAGR of 5.8% during the forecasted period 2024 to 2031.

The North America Workforce Management Software Market is driven by the growing adoption of cloud-based solutions, increasing demand for automation in workforce scheduling and payroll management, and the rising need for compliance with labor laws and regulations. The shift toward remote and hybrid work models has further fueled the demand for workforce analytics and employee engagement tools. Additionally, advancements in artificial intelligence (AI) and machine learning (ML) are enhancing predictive analytics and decision-making capabilities. The emphasis on improving productivity, reducing operational costs, and optimizing resource allocation across industries such as retail, healthcare, and manufacturing also contributes to market growth.

The United States human resource (HR) technology market size reached USD 11.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 29.4 Billion by 2033, exhibiting a growth rate (CAGR) of 11.60% during 2025-2033.

IMARC Group provides an analysis of the key trends in each segment of the United States human resource (HR) technology market report, along with forecasts at the country and regional levels from 2025-2033. Our report has categorized the market based on application, type, end use industry and company size.

The construction sector employed almost 8.3 million people in the United States in January 2025, which was the highest number since the 21st century. There is a strong correlation between the amount of investment in construction and demand for workers. For example, in the years following the 2008 financial crisis, the value of new construction put in place in the U.S. decreased, which also translated in lower employee numbers in the construction sector. How to improve the job shortage? Many contractors have reported difficulty finding skilled workers recently. However, that has not only been the case in the construction industry, but in many other sectors of the economy too. For example, U.S. restaurants reported shortages in different positions in the past years. Although there are many reasons why workers may quit, in general, an increase in the salaries of construction employees may help in reducing the number of resignations. Worker shortages in Europe The United States is not the only country where companies have been facing these challenges. Thus, the percentage of French infrastructure companies reporting staff shortage peaked in 2019 and 2023. However, there are certain industries that struggle finding new employees more than construction. Social and care work had the highest skilled labor shortages in Germany.

Latin America accounted for more than 5% of the global workforce management revenue in 2023 with a market size of USD 0.33 billion in 2023. It will grow at a compound annual growth rate (CAGR) of 9.1% from 2023 to 2030

The worldwide workforce analytics market is estimated to be valued at US$ 2,378.9 million in 2024. The industry is set to surge at a CAGR of 14.4% in the forecast period 2024 to 2034. It is projected to attain a valuation of about US$ 9,160.2 million by 2034.

Semi-annual Market Update

Country-wise Insights

Category-wise Insights

The size and share of the market is categorized based on Type (Online Learning, Instructor-Led Learning, Blended Learning) and Application (Small and Medium-Sized Enterprises, Large Enterprises) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The workforce management market is expected to be valued at US$ 8,877.4 million in 2024. The pace of progress for the market from 2024 to 2034 is expected to be positive, with a CAGR of 9.2%. By the end of the forecast period, the workforce management industry value is slated to hit US$ 21,342.1 million.

Category-wise Outlook

Country-wise Analysis