Population (LFS Basis): All Ages: All Persons for Estonia
Annual, Not Seasonally Adjusted
LFPOTTTTEEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,315,725.00
Year-over-Year Change
-4.93%
Date Range
1/1/2000 - 1/1/2013
Summary
This economic trend measures the labor force participation rate for the total United States population. It is a key indicator of the size and composition of the U.S. labor market.
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 percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work. This metric provides insights into workforce dynamics and potential labor supply.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this trend to assess labor market conditions and understand factors driving workforce participation.
Key Facts
- The U.S. labor force participation rate was 62.2% in 2022.
- Participation rates have declined since the early 2000s, reflecting demographic shifts and economic factors.
- Increasing labor force participation is a key policy goal to expand the productive capacity of the economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate provides insights into the size and composition of the U.S. labor market, which is crucial for policymakers and economists to assess economic conditions and labor supply.
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: Policymakers and economists monitor this trend to understand factors driving workforce participation and develop policies to promote employment and economic growth.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with a brief delay, and may be subject to revisions as more information becomes available.
Related Trends
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EXP4470
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Estonia
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Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Estonia
LFEAINTTEEQ647N
Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Estonia
ESTCP030000IXNBM
National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Estonia
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Gross National Income for Estonia
MKTGNIEEA646NWDB
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFPOTTTTEEA647N), retrieved from FRED.