Annual, Not Seasonally Adjusted
LFUNTTTTG7A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,549,000.00
Year-over-Year Change
-6.90%
Date Range
1/1/1962 - 1/1/2016
Summary
This annual, not seasonally adjusted economic trend measures the U.S. labor force participation rate. It provides insight into the size and composition of the total 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 non-institutional population that is either employed or actively seeking work. It is a key indicator of economic activity and the health of the labor market.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
The labor force participation rate is closely watched by policymakers, economists, and investors for its implications on employment, consumer spending, and overall economic conditions.
Key Facts
- The U.S. labor force participation rate was 62.4% in 2021.
- The rate has declined from a peak of 67.1% in 2000.
- Participation tends to be lower for older workers and those with disabilities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of the civilian non-institutional population that is either employed or actively seeking work. It provides insight into the size and composition of the total labor force.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of economic activity and the health of the labor market. It is closely watched by policymakers, economists, and investors for its implications on employment, consumer spending, and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers, economists, and market analysts to assess the overall strength of the labor market and the potential for economic growth or contraction.
Q: Are there update delays or limitations?
A: The data is released annually by the U.S. Federal Reserve, with a typical delay of a few months following the end of the calendar year.
Related Trends
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUNTTTTG7A647S), retrieved from FRED.