Employed Persons in Delaware
Annual
LAUST100000000000005A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
488,174.00
Year-over-Year Change
17.79%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual trend measures the total civilian labor force participation rate in the United States on an annual basis. This key economic indicator provides insight into the overall size and engagement of the U.S. 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 Annual 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 widely used metric for analyzing labor market trends and the health of the broader economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and investors to assess the strength of the U.S. economy and inform economic and workforce development decisions.
Key Facts
- The labor force participation rate reached a high of 67.3% in 2000.
- Participation rates have declined since the early 2000s, reaching 61.6% in 2021.
- Women's participation rate was 57.4% in 2021, compared to 67.7% for men.
FAQs
Q: What does this economic trend measure?
A: The Annual labor force participation rate 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 key indicator of the overall health and size of the U.S. workforce, providing important insights for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by policymakers to assess the strength of the labor market and inform decisions around economic and workforce development policies.
Q: Are there update delays or limitations?
A: The Annual labor force participation rate data is released with a one-month lag by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate - Total (LAUST100000000000005A), retrieved from FRED.