Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Russia
Persons, Monthly, Not Seasonally Adjusted
LFEMTTMARUM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,037,820.00
Year-over-Year Change
2.05%
Date Range
8/1/2009 - 12/1/2021
Summary
The 'Persons, Monthly, Not Seasonally Adjusted' trend measures the total civilian labor force participation rate in the United States. This key economic indicator provides insights into the size and composition 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
This labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work. It is a widely tracked metric used by economists and policymakers to assess the health and dynamics of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted monthly by the U.S. Census Bureau.
Historical Context
Labor force participation rates are closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The U.S. labor force participation rate was 62.4% as of the latest monthly data.
- Participation rates tend to decline during economic recessions as workers become discouraged and exit the labor force.
- Long-term trends show a gradual decline in the U.S. labor force participation rate since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Monthly, Not Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population aged 16 and over who are 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 U.S. labor market, providing insights for economists, policymakers, and market analysts.
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: Labor force participation rates are closely monitored by the Federal Reserve and other institutions to inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, and may be subject to revisions by the statistical agencies.
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Citation
U.S. Federal Reserve, Persons, Monthly, Not Seasonally Adjusted (LFEMTTMARUM647N), retrieved from FRED.