Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Portugal
Annual, Not Seasonally Adjusted
LFEAINTTPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
905,675.00
Year-over-Year Change
13.14%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate in the United States. It provides important insights into workforce participation and labor market dynamics.
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 non-institutional population aged 16 and over that is working or actively seeking employment. This key metric is closely watched by economists and policymakers to assess the health and utilization 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 is a crucial indicator for the Federal Reserve and other economic institutions in evaluating employment trends and informing policy decisions.
Key Facts
- The U.S. labor force participation rate has declined from over 67% in 2000 to around 62% in recent years.
- Participation rates are typically lower for older workers and higher for prime-age adults.
- Trends in labor force participation can influence economic growth, inflation, and policy decisions.
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 percentage of the civilian non-institutional population aged 16 and over that is working or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial metric for economists and policymakers to assess the health and utilization of the U.S. labor market, providing insights into workforce participation and employment trends.
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 is a key indicator for the Federal Reserve and other economic institutions in evaluating employment trends and informing policy decisions.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with minimal delays, providing timely insights into workforce participation.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEAINTTPTA647N), retrieved from FRED.