Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Canada
Quarterly, Not Seasonally Adjusted
LFHUTTTTCAQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,552,133.00
Year-over-Year Change
45.47%
Date Range
1/1/1955 - 4/1/2025
Summary
This series measures the quarterly civilian labor force participation rate on a not seasonally adjusted basis. The labor force participation rate is a key economic indicator that reflects the active portion of an economy's labor force.
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 civilian labor force participation rate represents the percentage of the civilian noninstitutional population that is in the labor force. This measure is widely used by economists and policymakers to analyze workforce trends and labor market dynamics.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly survey of households conducted by the U.S. Census Bureau for the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is an important input for assessing the health of the labor market and informing economic and policy decisions.
Key Facts
- The labor force participation rate was 62.4% in Q4 2022.
- The rate has declined from a peak of 67.3% in early 2000.
- Participation rates vary by demographics, with lower rates for older workers and women.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian noninstitutional population that is in the labor force on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of labor market conditions and workforce engagement, which is crucial for understanding economic performance and informing policy decisions.
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 for the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by economists, policymakers, and financial markets as it provides insights into the strength of the labor market and can inform decisions around employment, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted labor force participation rate data is published with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHUTTTTCAQ647N), retrieved from FRED.