Unemployment Rate in Puerto Rico
Annual, Not Seasonally Adjusted
LAUST720000000000003A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.60
Year-over-Year Change
-65.00%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the total civilian labor force participation rate for the U.S. on an annual basis without seasonal adjustments. This metric is a key indicator of the health and availability 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 civilian labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This broad measure provides insight into the overall size and composition of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this trend to assess long-term labor market trends and evaluate the effectiveness of economic policies.
Key Facts
- The U.S. civilian labor force participation rate averaged 62.8% in 2021.
- Participation rates are lower for women compared to men.
- Labor force participation has declined since the 2000s.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the overall civilian labor force participation rate in the United States on an annual basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and composition of the U.S. labor market, which is a key indicator of economic health and productivity.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess long-term labor market trends and evaluate the effectiveness of economic policies.
Q: Are there update delays or limitations?
A: The data is published annually with some delay, and may not fully capture seasonal variations in labor force participation.
Related Trends
All Employees: Financial Activities: Insurance Carriers and Related Activities in Puerto Rico
SMU72000005552400001SA
All Employees: Mining, Logging, and Construction in Puerto Rico
SMS72000001500000001
Average Weekly Earnings of Production Employees: Manufacturing in Puerto Rico
SMU72000003000000030
All Employees: Manufacturing: Durable Goods: Miscellaneous Manufacturing in Puerto Rico
SMU72000003133900001SA
All Employees: Health Care: Ambulatory Health Care Services in Puerto Rico
SMU72000006562100001A
All Employees: Administrative and Support and Waste Management and Remediation Services in Puerto Rico
SMU72000006056000001A
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST720000000000003A), retrieved from FRED.