Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Finland
Annual, Not Seasonally Adjusted
LFUNTTMAFIA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134,600.00
Year-over-Year Change
16.71%
Date Range
1/1/1959 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the United States. It provides insight into the overall size and engagement of the U.S. labor force.
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 work. This key economic indicator is closely monitored by policymakers and analysts to assess the strength and utilization of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a crucial input for evaluating the health of the economy and informing fiscal and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate was 62.2% in 2022.
- Participation rates are lower for older workers and women compared to prime-age men.
- The rate declined significantly during the COVID-19 pandemic but has partially recovered.
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. It represents the proportion of the civilian population 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. labor market, which is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for evaluating the health of the economy and informing fiscal and monetary policy decisions by the Federal Reserve and other government institutions.
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 within a few months of the end of the reference year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUNTTMAFIA647N), retrieved from FRED.