Annual, Not Seasonally Adjusted
LFWA64MAO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
409,621,000.00
Year-over-Year Change
5.51%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Annual, Not Seasonally Adjusted' data series measures the average annual participation rate in the U.S. labor force. This key economic indicator provides insights into employment trends and workforce 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
This labor force participation rate tracks the proportion of the civilian non-institutional population aged 16 and older who are employed or actively seeking work. It is a critical measure of economic health and labor market conditions.
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 economists closely monitor this trend to assess the strength of the labor market and inform economic and workforce development strategies.
Key Facts
- The annual, not seasonally adjusted labor force participation rate in the U.S. was 62.9% in 2022.
- Participation rates have declined from a peak of 67.3% in 2000.
- The COVID-19 pandemic caused a significant drop in the labor force participation rate in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' data series measures the proportion of the civilian non-institutional population aged 16 and older who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This labor force participation rate is a critical indicator of economic health and labor market conditions, providing insights into employment trends and workforce 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 economists closely monitor this trend to assess the strength of the labor market and inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and the annual, not seasonally adjusted figure is typically released in early February for the previous year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA64MAO1A647S), retrieved from FRED.