Quarterly, Not Seasonally Adjusted
LFWA55TTG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97,417,000.00
Year-over-Year Change
2.48%
Date Range
4/1/2003 - 4/1/2017
Summary
This trend measures the civilian labor force participation rate for the total U.S. population on a quarterly basis without seasonal adjustments. It provides key insights into workforce participation and labor market dynamics.
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 civilian labor force participation rate represents the proportion of the civilian non-institutional population that is either employed or actively seeking work. This unadjusted quarterly data offers a raw view of labor market trends without the effects of seasonal fluctuations.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this labor force metric to assess the health and utilization of the U.S. workforce.
Key Facts
- The labor force participation rate was 62.2% in Q4 2022.
- Participation rates peaked at 67.3% in Q1 2000.
- The rate has declined from over 66% in the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate, which represents the proportion of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate provides key insights into the strength and utilization of the U.S. workforce, which is a critical factor for economic growth and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) 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: Policymakers and economists closely monitor this metric to assess the health of the labor market and make informed decisions about economic and workforce policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay, providing a timely but not real-time view of labor force participation.
Related Trends
Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: Males for G7
G7LFHUADMASTM
Infra-Annual Labor Statistics: Monthly Unemployment Female: From 15 to 24 Years for G7
G7LFHU24FESTQ
Infra-Annual Labor Statistics: Unemployment Male: From 15 to 64 Years for G7
G7LFUN64MASTQ
Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for G7
G7LFACTTTTGPQ
Infra-Annual Labor Statistics: Working-Age Population Female: From 55 to 64 Years for G7
G7LFWA55FESTSAQ
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for G7
G7LFUN24TTSTQ
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWA55TTG7Q647N), retrieved from FRED.