Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for Switzerland
Annual, Not Seasonally Adjusted
LFUN55MACHA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,500.00
Year-over-Year Change
54.76%
Date Range
1/1/2005 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate in the United States. It provides insights into the overall 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 annual, not seasonally adjusted labor force participation rate tracks the percentage of the civilian noninstitutional population aged 16 and over who are employed or actively seeking work. This metric is a key indicator of labor market health and economic conditions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor labor force participation to assess economic growth, employment trends, and the strength of the labor market.
Key Facts
- The U.S. labor force participation rate was 62.2% in 2022.
- Participation rates have declined from a peak of 67.3% in 2000.
- Aging population and other structural changes have impacted the labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in the United States, which represents the percentage of the civilian noninstitutional population aged 16 and over who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and strength of the U.S. labor market, providing insights into employment trends, economic growth, and the size and composition of the workforce.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force participation to assess the state of the economy, employment conditions, and the potential for economic growth or contraction.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data is published with a short delay, typically a few months after the end of the reference year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUN55MACHA647N), retrieved from FRED.