Population (LFS Basis): All Ages: All Persons for Luxembourg
Annual, Not Seasonally Adjusted
LFPOTTTTLUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
517,150.00
Year-over-Year Change
16.82%
Date Range
1/1/2003 - 1/1/2013
Summary
This economic trend measures the total labor force participation rate in the United States on an annual, not seasonally adjusted basis. It provides important insights into the overall supply of labor in the economy.
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 proportion of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. It is a key indicator of the strength and composition of the U.S. labor market.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor labor force participation trends to assess the health of the labor market and guide economic policy decisions.
Key Facts
- The U.S. labor force participation rate was 62.2% in 2022.
- Participation rates vary by demographic factors such as age and gender.
- Long-term declines in participation are linked to aging populations and structural economic shifts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work in the United States on an annual, 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 the strength and composition of the U.S. labor market, providing important insights into the overall supply of labor in the economy.
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 analysts closely monitor labor force participation trends to assess the health of the labor market and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly, but the annual, not seasonally adjusted figures are typically released with a lag of several months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFPOTTTTLUA647N), retrieved from FRED.