Employment - by Economic Activity: Industry Excluding Construction: All Persons for the Euro Area (19 Countries)
Annual, Not Seasonally Adjusted
LFEAINTTEZA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,211,000.00
Year-over-Year Change
4.98%
Date Range
1/1/2003 - 1/1/2022
Summary
This economic trend measures the annual, not seasonally adjusted percent change in the labor force participation rate for the total U.S. economy. It provides insight into long-term labor force participation 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 in the labor force. This metric is closely watched by economists and policymakers to understand the size and composition of the working-age population.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Trends in labor force participation are relevant for understanding the health of the broader economy and informing fiscal and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate in 2022 was 62.4%.
- Labor force participation has declined from its peak of 67.3% in 2000.
- Participation rates are lower for women than men across all age groups.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted percent change in the labor force participation rate for the total U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: Trends in labor force participation are closely watched by economists and policymakers as an indicator of the health of the broader economy and labor market.
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 analysts use this metric to understand the size and composition of the working-age population, which informs fiscal, monetary, and labor market policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, but the annual, not seasonally adjusted metric has a longer publication delay.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEAINTTEZA647N), retrieved from FRED.