Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for Luxembourg
Annual, Not Seasonally Adjusted
LFEAICTTLUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,100.00
Year-over-Year Change
-19.05%
Date Range
1/1/2003 - 1/1/2024
Summary
This annual economic trend measures the not seasonally adjusted labor force participation rate in the U.S. It is a key indicator of the health and size of the national workforce.
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 tracks the percentage of the civilian non-institutional population that is either employed or actively seeking work. It provides insight into the overall labor market and labor supply dynamics.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The participation rate is closely monitored by policymakers and economists to assess labor market conditions and inform economic policy decisions.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in 2022.
- Participation rates tend to decline during economic recessions.
- Women have a lower participation rate than men in the U.S.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted labor force participation rate tracks the percentage of the civilian population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The participation rate provides important insights into the health and dynamics of the U.S. labor market, which is a key driver of overall economic performance.
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: Policymakers and economists closely monitor the participation rate to assess labor market conditions and inform decisions on economic and employment policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data is published with a short lag, typically within a few months of the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEAICTTLUA647N), retrieved from FRED.