Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Sweden
Annual, Not Seasonally Adjusted
LFEACNTTSEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
325,300.00
Year-over-Year Change
2.49%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the U.S. economy. It provides insight into the size and composition of the civilian labor force.
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 tracks the share of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. This metric offers a broad perspective on long-term labor market trends and workforce engagement.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Economists and policymakers closely monitor labor force participation to assess the health and capacity of the U.S. labor market.
Key Facts
- The annual, not seasonally adjusted labor force participation rate was 62.2% in 2022.
- Labor force participation reached a peak of 67.3% in 2000 before declining in subsequent years.
- Participation rates tend to be lower for older workers and those with disabilities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work, on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate provides insight into the overall size and composition of the workforce, which is a key indicator of economic health and capacity.
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: Economists and policymakers closely monitor labor force participation to assess the health and capacity of the U.S. labor market, which informs decisions on economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a 1-month lag, and the annual, not seasonally adjusted figures are published once per year.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Exports of Goods and Services for Sweden
NAEXKP06SEA657S
Business Tendency Surveys: Employment: Economic Activity: Services: Future Tendency for Sweden
BVEMFT02SEM460S
Production, Sales, Work Started and Orders: Permits Issued for Dwellings: Economic Activity: Construction of Buildings for Sweden
SWEPERMITAISMEI
Sales: Retail Trade: Total Retail Trade: Volume for Sweden
SLRTTO01SEA657S
Production, Sales, Work Started and Orders: Construction Work Started on Dwellings: Economic Activity: Construction of Buildings for Sweden
WSCNDW01SEA661S
Total Credit to General Government, Adjusted for Breaks, for Sweden
QSEGAM770A
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEACNTTSEA647N), retrieved from FRED.