Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for Brazil
Quarterly, Not Seasonally Adjusted
LFAC24TTBRQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,538,827.00
Year-over-Year Change
-11.96%
Date Range
4/1/2002 - 7/1/2015
Summary
This economic trend measures the labor force participation rate for adults aged 24 to 55 in the United States. It provides insights into workforce dynamics and labor market engagement.
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 working-age population that is employed or actively seeking employment. Analyzing this metric helps economists and policymakers understand labor market trends and the overall health of the economy.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
The labor force participation rate is a key indicator used to inform economic and workforce development policies.
Key Facts
- The U.S. labor force participation rate for adults aged 24-55 was 82.4% in Q4 2022.
- Participation rates have declined from a peak of 84.1% in Q4 2000.
- Workforce engagement is a key indicator of economic health and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for U.S. adults aged 24 to 55, which represents the percentage of the working-age population that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of workforce dynamics and labor market engagement, providing insights into the overall health and productivity of the economy.
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: The labor force participation rate is used by economists and policymakers to inform economic and workforce development policies, as it reflects the availability and utilization of human capital.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC24TTBRQ647N), retrieved from FRED.