Annual, Not Seasonally Adjusted
LFUN64MAG7A647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,965,000.00
Year-over-Year Change
-6.40%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the United States. It is a key indicator of labor market health and 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 labor force participation rate represents the share of the civilian population aged 16 and older that is working or actively seeking employment. This metric is closely monitored by economists and policymakers to assess the strength and trends in the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is used to analyze workforce dynamics and inform economic and policy decisions.
Key Facts
- The U.S. labor force participation rate was 62.2% in 2022.
- Labor force participation declined during the COVID-19 pandemic but has been recovering.
- Participation rates vary by age, gender, and other demographic factors.
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. The labor force participation rate represents the share of the civilian population aged 16 and older that is working 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 labor market health and workforce engagement. It is closely monitored by economists and policymakers to assess the strength and trends in the U.S. labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used to analyze workforce dynamics and inform economic and policy decisions made by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with a delay of approximately one month.
Related Trends
Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for G7
G7B6BLTT01CXCUQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: 15 Years or over for G7
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Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 64 Years for G7
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International Trade: Imports: Value (goods): Total for G7
G7XTIMVA01STSAQ
Infra-Annual Labor Statistics: Employees Total for G7
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUN64MAG7A647N), retrieved from FRED.