Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Russia
Persons, Annual, Seasonally Adjusted
LFEMTTTTRUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71,719,410.00
Year-over-Year Change
3.49%
Date Range
1/1/1999 - 1/1/2021
Summary
The 'Persons, Annual, Seasonally Adjusted' trend measures the total civilian labor force participation rate in the United States. This key economic indicator is closely watched by policymakers and analysts to understand labor market dynamics and workforce trends.
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 series represents the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. It is a broad measure of labor market engagement and an important metric for evaluating the health and utilization of the US workforce.
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 a crucial input for economic analysis and policy decisions related to employment, productivity, and the overall health of the labor market.
Key Facts
- The labor force participation rate was 62.2% in 2022.
- Participation rates have declined from a peak of 67.3% in 2000.
- Women's participation rate is lower than men's, at 57.3% vs 67.4% in 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work, also known as the labor force participation rate.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the health and utilization of the US workforce, providing insight into employment, productivity, and overall economic conditions.
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 a key input for economic analysis and policy decisions related to employment, workforce development, and overall labor market conditions.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly, with a slight delay, by the Bureau of Labor Statistics as part of the broader employment situation report.
Related Trends
Real Residential Property Prices for Russian Federation
QRUR628BIS
Value of Exports to Russia from Oklahoma
OKRUSA052SCEN
Remittance Inflows to GDP for Russian Federation
DDOI11RUA156NWDB
Number of Listed Companies for Russian Federation
DDOM01RUA644NWDB
U.S. Exports of Goods by F.A.S. Basis to Russia
EXP4621
Outstanding Total International Debt Securities to GDP for Russian Federation
DDDM07RUA156NWDB
Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEMTTTTRUA647S), retrieved from FRED.