Quarterly, Not Seasonally Adjusted
LFWA55TTO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156,135,000.00
Year-over-Year Change
4.25%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the civilian labor force participation rate for the United States on a quarterly, not seasonally adjusted basis. It provides insights into labor market dynamics and workforce engagement.
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 percentage of the civilian noninstitutional population aged 16 and older who are either employed or actively seeking work. It is a key indicator of labor market health and the size of the available workforce.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess the underlying strength and composition of the U.S. labor market.
Key Facts
- The current U.S. civilian labor force participation rate is around 62%.
- Participation rates tend to decline during economic downturns.
- Labor force participation varies by demographic factors like age and gender.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate in the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the size and engagement of the working-age population, providing insights into labor market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the underlying strength and composition of the U.S. labor market, which informs economic and workforce policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of several weeks following the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWA55TTO1Q647N), retrieved from FRED.