Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for United States
Annual, Seasonally Adjusted
LFWA25TTUSA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128,641,700.00
Year-over-Year Change
3.48%
Date Range
1/1/1955 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the annual labor force participation rate in the United States. This key economic indicator provides insights into the size and composition of the U.S. 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 percentage of the civilian noninstitutional population aged 16 and older who are either employed or actively seeking work. It is a widely followed economic metric used to assess the health and dynamics of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this trend to gauge the strength of the labor market and make informed decisions.
Key Facts
- The labor force participation rate reached a peak of 67.3% in 2000.
- The rate declined during the Great Recession, reaching a low of 62.4% in 2015.
- The labor force participation rate has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the percentage of the civilian noninstitutional population aged 16 and older who are 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 strength and dynamics of the U.S. labor market, providing valuable insights for policymakers, economists, and market analysts.
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.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the labor force participation rate to assess the health of the labor market and make informed decisions regarding economic policies and interventions.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, making it a timely and reliable indicator of labor market conditions.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA25TTUSA647S), retrieved from FRED.