Population (LFS Basis): All Ages: All Persons for Turkey
Quarterly, Not Seasonally Adjusted
LFPOTTTTTRQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,938,900.00
Year-over-Year Change
4.27%
Date Range
1/1/2006 - 10/1/2014
Summary
This economic indicator measures the quarterly, not seasonally adjusted labor force participation rate for the total population in the United States. It provides insights into the overall labor market participation 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 quarterly, not seasonally adjusted labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and over who are either employed or actively seeking work. This metric is closely monitored by economists and policymakers to assess labor market conditions and trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This metric is widely used to inform economic and labor market policies.
Key Facts
- The labor force participation rate peaked at 67.3% in early 2000.
- The rate declined during the Great Recession and has remained below 63% since 2013.
- Variations in the participation rate can be influenced by demographic, economic, and social factors.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of the civilian noninstitutional population aged 16 and over who are either employed or actively seeking work 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 metric for assessing the overall health and dynamics of the labor market, which is crucial for economic policymaking and analysis.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Variations in the labor force participation rate can inform economic and labor market policies, as it provides insights into the overall size and composition of the workforce.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a delay of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFPOTTTTTRQ647N), retrieved from FRED.