Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Israel
Annual, Not Seasonally Adjusted
LFEAMNTTILA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
400,891.70
Year-over-Year Change
-1.37%
Date Range
1/1/1995 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted labor force participation rate for the total labor force in the United States. The labor force participation rate is a key economic indicator that provides insights into the size and strength of the U.S. 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 represents the proportion of the civilian non-institutional population that is either employed or actively seeking employment. This metric is closely monitored by economists and policymakers to assess the health and utilization of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is used to inform economic policy decisions and market analyses related to employment, workforce dynamics, and the overall state of the U.S. economy.
Key Facts
- The U.S. labor force participation rate averaged 62.8% in 2022.
- Participation rates are lower for older workers and those with disabilities.
- The labor force participation rate peaked at 67.3% in 2000.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted labor force participation rate, which represents the proportion of the civilian non-institutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of the U.S. labor market, providing insights into the size and strength of the workforce, which is crucial for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used to inform economic policy decisions and market analyses related to employment, workforce dynamics, and the overall state of the U.S. economy.
Q: Are there update delays or limitations?
A: The labor force participation rate data is updated monthly and published by the Bureau of Labor Statistics, with a typical release lag of a few weeks.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEAMNTTILA647N), retrieved from FRED.