New Private Housing Units Authorized by Building Permits: 1-Unit Structures for Louisiana
Not Seasonally Adjusted
LABP1FH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,001.00
Year-over-Year Change
-1.77%
Date Range
1/1/1988 - 6/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the U.S. labor force participation rate without seasonal adjustments. This provides a raw, unsmoothed view of workforce trends useful for economic analysis.
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 share of the civilian noninstitutional population either employed or actively seeking work. The unadjusted version offers additional insights compared to the seasonally adjusted data.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey.
Historical Context
Economists and policymakers use this series to understand underlying labor market dynamics.
Key Facts
- The labor force participation rate was 62.2% in January 2023.
- Participation rates tend to peak in the summer months.
- Women have lower labor force participation than men.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks the U.S. labor force participation rate without accounting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted participation rate provides a more raw, unfiltered view of labor market dynamics compared to seasonally adjusted data.
Q: How is this data collected or calculated?
A: The data is collected through the monthly U.S. Current Population Survey of households.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this series to understand underlying labor force trends and their impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is released monthly with the latest observation typically lagging the current month by 1-2 weeks.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (LABP1FH), retrieved from FRED.