Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Austria
Annual, Not Seasonally Adjusted
LFEACNTTATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
344,900.00
Year-over-Year Change
-6.39%
Date Range
1/1/1999 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted labor force participation rate in the United States. It provides insight into the overall size and composition of the U.S. labor force over time.
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, not seasonally adjusted labor force participation rate represents the share of the civilian non-institutional population aged 16 and over that is employed or actively seeking work. This key economic indicator is widely used by policymakers, analysts, and researchers to assess labor market trends and inform economic decision-making.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and economists closely monitor labor force participation to gauge the health of the labor market and the broader economy.
Key Facts
- The U.S. labor force participation rate has declined from over 67% in the early 2000s to around 62% in recent years.
- Women's labor force participation has increased significantly since the 1950s, from around 34% to over 57% today.
- Participation rates tend to be lower among older workers and those with disabilities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in the United States, which represents the share of the civilian non-institutional population aged 16 and over 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 health and composition of the U.S. labor market, providing important insights for policymakers, economists, and other analysts.
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 and economists closely monitor labor force participation to gauge the overall strength of the labor market and inform decisions related to employment, economic growth, and social programs.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data is published monthly with a slight delay, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEACNTTATA647N), retrieved from FRED.