Annual, Not Seasonally Adjusted
LFHU24MAO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,297,000.00
Year-over-Year Change
-8.45%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the U.S. labor force participation rate for males aged 24 to 54 on an annual, not seasonally adjusted basis. It provides insight into long-term workforce engagement trends among prime-age workers.
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 share of the civilian population aged 16 and over who are either employed or actively seeking work. This metric offers a comprehensive view of workforce activity and is closely monitored by economists and policymakers.
Methodology
The data is collected through the U.S. Current Population Survey conducted by the Census Bureau.
Historical Context
The participation rate informs assessments of labor market health and guides employment-related policies.
Key Facts
- The annual, not seasonally adjusted male participation rate in 2021 was 88.8%.
- Prime-age male participation has declined from over 97% in the 1950s.
- Declining participation is linked to factors like disability, incarceration, and discouragement.
FAQs
Q: What does this economic trend measure?
A: This trend measures the labor force participation rate for U.S. males aged 24 to 54 on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The participation rate offers insights into long-term workforce engagement trends among prime-age workers, which is a key indicator of labor market health.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: The participation rate informs assessments of labor market conditions and guides employment-related policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted data is subject to update lags but provides a comprehensive view of long-term trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFHU24MAO1A647S), retrieved from FRED.