Population (LFS Basis): All Ages: All Persons for Norway
Quarterly, Not Seasonally Adjusted
LFPOTTTTNOQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,846,500.00
Year-over-Year Change
4.58%
Date Range
4/1/1999 - 7/1/2014
Summary
This trend measures the U.S. labor force participation rate on a quarterly, not seasonally adjusted basis. It provides insight into long-term labor market 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 represents the share of the civilian noninstitutional population that is either employed or actively seeking employment. This unadjusted quarterly data offers a more unfiltered view of labor force trends compared to the seasonally adjusted measure.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a key economic indicator used by policymakers and analysts to assess the strength of the labor market.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in Q4 2022.
- Participation rates are lower than pre-pandemic levels.
- Declining participation can constrain economic growth
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the U.S. civilian noninstitutional population that is either employed or actively seeking employment, 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 the strength of the labor market and overall economic conditions. It provides insight into long-term trends in workforce engagement.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the labor force participation rate to assess the health of the labor market and inform decisions around economic and workforce policies.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted labor force participation data is released with a lag, typically 2-3 months after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFPOTTTTNOQ647N), retrieved from FRED.