Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for Austria

Quarterly, Seasonally Adjusted

LFAC24FEATQ647S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

248,552.30

Year-over-Year Change

9.40%

Date Range

1/1/1999 - 1/1/2025

Summary

This economic indicator tracks the quarterly, seasonally adjusted labor force participation rate for adults aged 24-54 in the United States. It provides insights into workforce participation trends and labor market dynamics.

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 measures the percentage of the working-age population that is employed or actively seeking employment. This key metric helps economists and policymakers assess the strength and utilization of the labor force.

Methodology

The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.

Historical Context

Policymakers and analysts use this trend to evaluate the health of the labor market and inform economic and workforce development strategies.

Key Facts

  • The current labor force participation rate for prime-age adults is XX.X%.
  • Participation rates vary by gender, age, and educational attainment.
  • The U.S. has seen a decline in labor force participation since the early 2000s.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the percentage of the working-age population (ages 24-54) that is employed or actively seeking employment in the United States.

Q: Why is this trend relevant for users or analysts?

A: The labor force participation rate is a key metric for assessing the strength and utilization of the labor force, which informs economic and workforce development policies.

Q: How is this data collected or calculated?

A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to evaluate the health of the labor market and inform decisions related to employment, workforce development, and macroeconomic policies.

Q: Are there update delays or limitations?

A: The data is released quarterly with a brief lag, and may be subject to revisions as additional information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC24FEATQ647S), retrieved from FRED.