Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Slovak Republic
Persons, Annual, Seasonally Adjusted
LFEM64MASKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,367,600.00
Year-over-Year Change
6.08%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Persons, Annual, Seasonally Adjusted' economic trend measures the total civilian labor force participation rate for the U.S. population aged 16-64. This metric is a key indicator of labor market strength and the overall health of the economy.
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 working-age population that is employed or actively seeking work. It is an important barometer of economic activity and labor market dynamics that economists and policymakers use to assess the state of the U.S. economy.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This trend provides important context for employment, economic growth, and monetary/fiscal policy decisions.
Key Facts
- The U.S. civilian labor force participation rate reached a high of 67.3% in 2000.
- Participation rates have declined since the 2008 financial crisis, reaching 63.4% in 2021.
- Women's labor force participation has increased significantly since the 1950s.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Seasonally Adjusted' trend measures the percentage of the civilian working-age population (ages 16-64) that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength of the labor market and the overall health of the economy. It provides important context for employment, economic growth, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the labor force participation rate to assess the state of the labor market and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The labor force participation data is updated monthly and has a short publication delay, making it a timely economic indicator.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM64MASKA647S), retrieved from FRED.