Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for Ireland
Annual, Seasonally Adjusted
LFAC25FEIEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
948,025.00
Year-over-Year Change
27.12%
Date Range
1/1/2000 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the annual civilian labor force participation rate for the 25-54 age group. This key economic indicator provides insights into labor market dynamics and workforce trends.
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 annual civilian labor force participation rate for the 25-54 age group represents the percentage of this working-age population that is employed or actively seeking employment. It is a crucial metric for economists and policymakers to assess the health and utilization of the prime-age labor force.
Methodology
This data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
The 25-54 labor force participation rate is widely used to analyze employment conditions, workforce availability, and economic policy effectiveness.
Key Facts
- The annual 25-54 labor force participation rate was 82.1% in 2022.
- This age group accounts for over 60% of the total U.S. civilian labor force.
- Participation rates have declined from a peak of 84.6% in the late 1990s.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series measures the percentage of the civilian population aged 25-54 that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The 25-54 labor force participation rate is a key indicator of labor market conditions and workforce engagement for the prime working-age population.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly household surveys and calculated as an annual average.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess the strength of the labor market, workforce availability, and the potential for economic growth.
Q: Are there update delays or limitations?
A: The annual data is released with a short lag, typically within a few months after the end of the calendar year.
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Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 55 to 64 Years for Ireland
LRAC55TTIEA156S
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LFUN74MAIEA647N
Production: Industry: Total Industry Excluding Construction for Ireland
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People 15 Years and Over Borrowing from a Financial Institution in the Past Year for Ireland
DDAI07IEA156NWDB
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC25FEIEA647S), retrieved from FRED.