Infra-Annual Labor Statistics: Unemployment Total: From 55 to 64 Years for Canada
Quarterly, Not Seasonally Adjusted
LFUN55TTCAQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
187,966.70
Year-over-Year Change
13.83%
Date Range
1/1/1976 - 4/1/2025
Summary
This quarterly, not seasonally adjusted data series measures the civilian labor force participation rate for the United States. It is a key indicator of the overall strength and availability 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 civilian labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. It is a vital metric used by economists and policymakers to assess the health and utilization of the U.S. workforce.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey, a monthly household survey.
Historical Context
This labor force participation rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in 2022.
- Participation rates are lower for older workers and women compared to prime-age men.
- The rate declined sharply during the COVID-19 pandemic but has been slowly recovering.
FAQs
Q: What does this economic trend measure?
A: This data series measures the civilian labor force participation rate, which is the percentage of the civilian non-institutional population aged 16 and over that is either 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 strength and utilization of the U.S. workforce, and is closely monitored by economists, policymakers, and institutions to inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey, a household survey of the civilian non-institutional population.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by the Federal Reserve and other institutions to assess the health of the U.S. labor market and to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted labor force participation rate data is published with a lag, typically several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFUN55TTCAQ647N), retrieved from FRED.