Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for G7
Monthly, Not Seasonally Adjusted
G7LRHUTTTTSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.34
Year-over-Year Change
4.40%
Date Range
1/1/1991 - 5/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the labor force participation rate in the United States. This key economic indicator provides insights into the overall health and composition of the American workforce.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. It is a fundamental measure of economic activity and labor market dynamics.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through monthly household surveys.
Historical Context
Policymakers and analysts closely monitor the labor force participation rate to assess the strength of the economy and guide economic policies.
Key Facts
- The labor force participation rate was 62.4% in January 2023.
- The rate has remained relatively stable in recent years after declining from its peak of 67.3% in 2000.
- Participation rates vary by demographic factors such as age, gender, and education level.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a fundamental indicator of economic health and labor market dynamics, providing insights into the overall strength and composition of the workforce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the labor force participation rate to assess the strength of the economy and guide economic policies, such as employment and workforce development initiatives.
Q: Are there update delays or limitations?
A: The labor force participation rate data is released monthly with a relatively short delay, making it a timely indicator of economic conditions.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (G7LRHUTTTTSTM), retrieved from FRED.