Labor Force Participation Rate for Maryland
Not Seasonally Adjusted
LBSNSA24 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.70
Year-over-Year Change
-1.20%
Date Range
1/1/1976 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' trend measures the labor force participation rate, a key indicator of the overall health of the U.S. labor market. It is closely watched by economists and policymakers.
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 non-institutional population that is either employed or actively seeking work. This metric provides insight into labor market dynamics and trends in workforce participation.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The participation rate is used to assess the strength of the economy and inform policy decisions related to employment and the labor force.
Key Facts
- The participation rate is not seasonally adjusted.
- The participation rate reached a high of 67.3% in 2000.
- Declining participation rates can signal economic challenges.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population 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 of the U.S. labor market, providing insight into workforce dynamics and trends.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The participation rate is used by economists and policymakers to assess the strength of the economy and inform decisions related to employment and the labor force.
Q: Are there update delays or limitations?
A: The data is not seasonally adjusted, which means it may be subject to seasonal fluctuations and should be interpreted with that in mind.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (LBSNSA24), retrieved from FRED.