Seasonally Adjusted
LFUN55TTG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,290,000.00
Year-over-Year Change
-18.65%
Date Range
1/1/2005 - 4/1/2017
Summary
The Seasonally Adjusted metric measures the U.S. labor force participation rate after adjusting for regular seasonal fluctuations. It provides a clearer picture of underlying trends in workforce engagement.
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 Seasonally Adjusted labor force participation rate removes the typical seasonal variations in employment and unemployment, such as summer student hiring or holiday-related job changes. This allows economists to better identify and analyze fundamental shifts in the composition of the U.S. workforce.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics using statistical models to remove seasonal patterns.
Historical Context
Policymakers and analysts use this metric to understand the health and structure of the U.S. labor market.
Key Facts
- The current Seasonally Adjusted labor force participation rate is 62.3%.
- The metric reached its highest level of 67.3% in early 2000.
- Seasonal adjustment is a standard practice across major economic indicators.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted labor force participation rate measures the percentage of the U.S. civilian non-institutional population that is employed or actively seeking work, with regular seasonal patterns removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer view of underlying labor market dynamics by accounting for predictable seasonal fluctuations, enabling better analysis of long-term workforce participation trends.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics using statistical models to remove seasonal patterns from the raw labor force participation rate.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Seasonally Adjusted labor force participation rate to assess the health and structure of the U.S. labor market, which informs decision-making on economic and workforce policies.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted labor force participation rate is published monthly by the Bureau of Labor Statistics, with a typical release lag of around one month.
Related Trends
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for G7
G7B6FATT01CXCUQ
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for G7
G7LFUN64MASTQ
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for G7
G7LFEM64FEGPQ
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for G7
G7LFAC24TTSTQ
Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for G7
G7LFHUTTTTSTSAM
Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for G7
G7B6FAOI03CXCUQ
Citation
U.S. Federal Reserve, Seasonally Adjusted (LFUN55TTG7Q647S), retrieved from FRED.