Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for United States
Annual, Not Seasonally Adjusted
LFAC25TTUSA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107,522,200.00
Year-over-Year Change
6.19%
Date Range
1/1/1955 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted civilian labor force participation rate in the United States. It provides important insights into workforce participation 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 civilian labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This key metric is closely monitored by economists and policymakers to gauge the strength and resiliency of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is a crucial input for assessing economic growth, labor market trends, and the effectiveness of policy interventions.
Key Facts
- The U.S. labor force participation rate averaged 62.8% in 2022.
- Participation rates are typically lower for older workers and women.
- Declining participation can indicate underutilization of the labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted civilian labor force participation rate in the United States, which represents the percentage of the working-age 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 the strength and health of the U.S. labor market, providing insights into workforce dynamics and the utilization of available labor resources.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the labor force participation rate to assess the overall state of the economy, inform policy decisions, and evaluate the effectiveness of labor market interventions.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with a slight delay, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC25TTUSA647N), retrieved from FRED.