Quarterly, Not Seasonally Adjusted
LFAC24FEO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,793,000.00
Year-over-Year Change
-0.40%
Date Range
1/1/2005 - 4/1/2017
Summary
This quarterly, not seasonally adjusted economic trend measures the labor force participation rate of individuals aged 24 to 54. It is a key indicator of the health and composition of the U.S. 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 labor force participation rate represents the share of the civilian non-institutional population aged 24 to 54 that is either employed or actively seeking work. This metric is widely used by economists and policymakers to analyze labor market dynamics and workforce trends.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers monitor this indicator to inform decisions around employment, economic growth, and social programs.
Key Facts
- The current participation rate is XX.X%.
- The rate has fluctuated between XX% and XX% over the past decade.
- Participation is typically higher among prime-working-age adults than other age groups.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for individuals aged 24 to 54, representing the share of the civilian non-institutional population that is 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 labor market health and workforce trends, providing insights into employment, economic growth, and the potential labor supply.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers monitor this indicator to inform decisions around employment, economic growth, and social programs.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC24FEO1Q647N), retrieved from FRED.