Labor Force Participation Rate for District Of Columbia
LBSSA11 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.10
Year-over-Year Change
-0.28%
Date Range
1/1/1976 - 6/1/2025
Summary
The Labor Force Participation Rate for District Of Columbia measures the share of the working-age population that is either employed or actively seeking work. This key economic indicator provides insights into the strength and utilization of the local labor market.
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 tracks the active portion of an economy's labor force. It represents the number of people who are either employed or unemployed but searching for a job, divided by the total working-age population. This metric is widely used by economists and policymakers to assess labor market dynamics and gauge the health of the economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a crucial input for economic policy decisions and market analysis.
Key Facts
- The labor force participation rate in District Of Columbia was 70.9% as of the latest data.
- The participation rate has declined from a high of 73.2% in 2009.
- District Of Columbia has a higher labor force participation rate than the national average.
FAQs
Q: What does this economic trend measure?
A: The Labor Force Participation Rate for District Of Columbia measures the share of the working-age population that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength and utilization of the local labor market, which is a key factor in assessing the overall health of the economy.
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: The labor force participation rate is a crucial input for economic policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is regularly updated and provides a timely snapshot of the local labor market.
Related Trends
Regional Price Parities: Services: Housing for District of Columbia
DCRPPSERVERENT
Gross Domestic Product: Textile Mills and Textile Product Mills (313-314) in the District of Columbia
DCTEXTNGSP
Employed Persons in the District of Columbia
LASST110000000000005
Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for District of Columbia
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All Employees: Business, Professional, Labor, Political, and Similar Organizations in the District of Columbia
SMU11000008081390001A
Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in District of Columbia
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Citation
U.S. Federal Reserve, Labor Force Participation Rate for District Of Columbia (LBSSA11), retrieved from FRED.