Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEMTTMAG7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.22
Year-over-Year Change
-32.93%
Date Range
4/1/2003 - 4/1/2017
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted tracks the quarter-over-quarter change in the U.S. labor force participation rate. This metric is a key indicator of the health and dynamics of the American 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
This economic trend measures the percent change in the U.S. labor force participation rate from the previous quarter, with seasonal factors removed. It provides insight into the pace of change in the size and composition of the working-age population engaged in the labor market.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on the Current Population Survey.
Historical Context
Economists and policymakers closely monitor this metric to assess the strength of the labor market and broader economic conditions.
Key Facts
- The U.S. labor force participation rate was 62.4% as of the latest quarter.
- Quarterly growth in the participation rate averaged 0.2% over the past year.
- Labor force participation is a critical driver of overall economic output.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the quarter-over-quarter percent change in the U.S. labor force participation rate, which represents the share of the working-age population 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 health and dynamics of the American workforce, providing insight into the strength of the labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on the Current Population Survey.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to assess the state of the labor market and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month, providing timely but not real-time insights into labor force dynamics.
Related Trends
Balance of Payments: Direct Investment: Assets (or Net Acquisition of Assets) for G7
G7B6FADI02CXCUQ
Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for G7
G7LFEM25MAGPQ
Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for G7
G7LOLITOAASTSAM
Infra-Annual Labor Statistics: Unemployment Total: From 55 to 64 Years for G7
G7LFUN55TTSTSAQ
Infra-Annual Labor Statistics: Labor Force Male: From 55 to 64 Years for G7
G7LFAC55MASTQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for G7
G7CP010000GYM
Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEMTTMAG7Q657S), retrieved from FRED.