Unemployed Population: Aged 15-64: Males for the European Union
Annual, Not Seasonally Adjusted
LFUN64MAEUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,053,225.00
Year-over-Year Change
-6.04%
Date Range
1/1/2005 - 1/1/2019
Summary
This series measures the annual, not seasonally adjusted labor force participation rate for the United States. The labor force participation rate is a key economic indicator that provides insights into the size and composition of the active workforce.
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 proportion of the civilian noninstitutional population that is either employed or actively seeking employment. This metric is closely watched by economists and policymakers to assess the health and utilization of the labor market.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
The labor force participation rate is used to evaluate employment trends and inform economic and monetary policy decisions.
Key Facts
- The labor force participation rate in the U.S. was 62.2% as of the latest annual, not seasonally adjusted data.
- The participation rate has declined from its peak of 67.3% in 2000.
- Factors like demographic shifts, economic conditions, and policy changes can influence the labor force participation rate.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted labor force participation rate, which represents the proportion of the civilian population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of the labor market, providing insights into the size and composition of the active workforce.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely watched by economists and policymakers to evaluate employment trends and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data is subject to the release schedule and any limitations of the underlying Current Population Survey.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUN64MAEUA647S), retrieved from FRED.