Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Luxembourg
Annual, Not Seasonally Adjusted
LFWA64TTLUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
459,225.00
Year-over-Year Change
29.37%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted civilian labor force participation rate in the United States. It provides insights into long-term labor market dynamics and is a key indicator for policymakers and analysts.
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 non-institutional population that is employed or actively seeking employment. This metric is widely used to assess the health and availability of the U.S. labor force over time.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is a crucial input for economic policy decisions and labor market analysis.
Key Facts
- The U.S. labor force participation rate reached its peak of 67.3% in 2000.
- Participation rates have declined since the early 2000s, reflecting demographic shifts and other economic factors.
- Women's labor force participation has increased significantly since the 1950s but remains lower than men's.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted civilian labor force participation rate in the United States, which represents the percentage of the civilian non-institutional population that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the health and availability of the U.S. labor force, providing insights into long-term labor market dynamics that are essential for economic policymaking and analysis.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey 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: The labor force participation rate is a key input for economic policy decisions and labor market analysis, as it reflects the overall availability and utilization of the workforce.
Q: Are there update delays or limitations?
A: The labor force participation data is published monthly with a slight delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA64TTLUA647N), retrieved from FRED.