Population (LFS Basis): All Ages: All Persons for Spain
Annual, Seasonally Adjusted
LFPOTTTTESA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,994,950.00
Year-over-Year Change
11.74%
Date Range
1/1/1999 - 1/1/2014
Summary
This series measures the civilian labor force participation rate for the United States, adjusted for seasonal variations. It provides insights into the overall labor market and workforce dynamics.
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 is a key economic indicator that represents the proportion of the civilian, non-institutional population aged 16 and over who are employed or actively seeking employment. It is a valuable metric for understanding labor market trends and the utilization of available human resources.
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 closely monitored by policymakers, economists, and analysts to assess the health and efficiency of the labor market.
Key Facts
- The U.S. labor force participation rate was 62.2% as of 2022.
- The participation rate has declined from a peak of 67.3% in 2000.
- Declining participation can be attributed to demographic shifts and economic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of the civilian, non-institutional population aged 16 and over who are employed or actively seeking employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the overall health and utilization of the labor market, providing insights into workforce dynamics and the availability of human resources.
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 closely monitored by policymakers, economists, and analysts to assess the efficiency of the labor market and inform economic policies and interventions.
Q: Are there update delays or limitations?
A: The labor force participation rate data is updated monthly and published with minimal delay, providing timely insights into the state of the U.S. labor market.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFPOTTTTESA647S), retrieved from FRED.