Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for United States
Quarterly, Not Seasonally Adjusted
LFWA55TTUSQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,141,670.00
Year-over-Year Change
-2.51%
Date Range
1/1/1955 - 4/1/2025
Summary
This quarterly, not seasonally adjusted economic trend measures the unemployment rate in the United States. It provides important insights into the state of the labor market and overall economic health.
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 unemployment rate tracks the percentage of the civilian labor force that is jobless but actively seeking employment. This key indicator is closely monitored by policymakers, economists, and market analysts to assess economic conditions and inform policy decisions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The unemployment rate is a critical input for the Federal Reserve and other institutions when evaluating the need for economic stimulus or tightening measures.
Key Facts
- The U.S. unemployment rate averaged 3.8% in 2022.
- Unemployment typically rises during economic recessions.
- The lowest U.S. unemployment rate on record was 2.5% in 1953.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian labor force in the United States that is jobless but actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The unemployment rate is a key indicator of economic health and a crucial input for policymakers, economists, and market analysts when evaluating the need for economic interventions.
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: The unemployment rate is closely monitored by the Federal Reserve and other institutions when considering the need for economic stimulus or tightening measures.
Q: Are there update delays or limitations?
A: The unemployment rate data is released on a quarterly basis with a short time lag, providing timely insights into the state of the labor market.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWA55TTUSQ647N), retrieved from FRED.