Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Russia
Quarterly, Not Seasonally Adjusted
LFAC74MARUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,700,970.00
Year-over-Year Change
-1.04%
Date Range
1/1/1999 - 10/1/2021
Summary
This economic trend measures the U.S. labor force participation rate, an important indicator of economic health 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 labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. It is a key metric used by economists and policymakers to assess the strength of the U.S. labor market.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate informs economic policy decisions and is closely watched by the Federal Reserve and other institutions.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates have declined since the 2000s, reflecting demographic and structural changes.
- Participation varies by age, gender, and other factors.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate measures the percentage of the civilian population aged 16 and over that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The participation rate is a key indicator of the strength and utilization of the U.S. labor force, providing insight into economic conditions and workforce dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate informs economic policy decisions and is closely watched by the Federal Reserve and other institutions to assess labor market conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of about one month.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC74MARUQ647N), retrieved from FRED.