Infra-Annual Labor Statistics: Working-Age Population Male: From 15 to 24 Years for Israel
Annual, Seasonally Adjusted
LFWA24MAILA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
770,825.00
Year-over-Year Change
25.84%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic indicator measures the annual, seasonally adjusted labor force participation rate for the U.S. population aged 24 to 54. It is a key metric for understanding workforce trends and economic conditions.
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 percentage of the working-age population that is employed or actively seeking work. Tracking this metric helps economists and policymakers assess the strength and utilization of the national labor force.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
The participation rate is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The current participation rate is around 82%.
- The rate has declined from a peak of over 84% in the early 2000s.
- Participation tends to be higher for men than women in this age group.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the percentage of the U.S. population aged 24 to 54 that is 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 workforce engagement and economic health that informs policy decisions.
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 participation rate is closely monitored by the Federal Reserve and other institutions to assess labor market conditions and make informed policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a brief lag, providing timely insights into labor force trends.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate - 24-54 Yrs., Seasonally Adjusted (LFWA24MAILA647S), retrieved from FRED.