Labor Force Participation Rate for Alabama
Seasonally Adjusted
LBSSA01 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.90
Year-over-Year Change
0.70%
Date Range
1/1/1976 - 7/1/2025
Summary
The Seasonally Adjusted Employment-Population Ratio tracks the percentage of the civilian noninstitutional population aged 16 and over who are employed. It is a key indicator of labor market strength and economic health.
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 Seasonally Adjusted Employment-Population Ratio reflects the percentage of the working-age population that is employed, adjusting for typical seasonal fluctuations. Economists analyze this ratio to gauge the labor market's performance and the economy's overall health.
Methodology
The U.S. Bureau of Labor Statistics collects employment data through household surveys and applies statistical methods to adjust for seasonal variation.
Historical Context
Policymakers and analysts use the Seasonally Adjusted Employment-Population Ratio to inform economic forecasting and guide decisions on monetary and fiscal policies.
Key Facts
- The ratio reached a low of 54.6% in April 2020 during the COVID-19 pandemic.
- The ratio has generally trended upward since the Great Recession, indicating labor market recovery.
- The ratio provides a more comprehensive view of employment than the unemployment rate alone.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Employment-Population Ratio measures the percentage of the civilian noninstitutional population aged 16 and over who are employed, after adjusting for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The ratio is a key indicator of labor market strength and overall economic health, providing a more comprehensive view of employment than the unemployment rate alone.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects employment data through household surveys and applies statistical methods to adjust for seasonal variation.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Seasonally Adjusted Employment-Population Ratio to inform economic forecasting and guide decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 weeks. There may be revisions to prior months' data as new information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Employment-Population Ratio (LBSSA01), retrieved from FRED.