Annual, Not Seasonally Adjusted
LFWA64TTO1A647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
825,513,000.00
Year-over-Year Change
5.23%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the total population in the United States. It is a key indicator of the size and composition of the U.S. workforce.
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 labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. This metric is widely used by economists and policymakers to assess the health and potential of the U.S. labor market.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and analysts closely monitor labor force participation to inform employment, economic, and workforce development policies.
Key Facts
- The U.S. labor force participation rate has declined from a peak of 67.3% in 2000 to 61.7% in 2022.
- Participation rates are lower for women, older workers, and those without a college degree.
- Declining participation can signal discouraged workers leaving the labor force.
FAQs
Q: What does this economic trend measure?
A: This metric measures the percentage of the civilian, non-institutional population aged 16 and over that is either employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the size and composition of the U.S. workforce, providing insights into employment, economic activity, and labor market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor labor force participation to inform employment, economic, and workforce development policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around one month.
Related Trends
Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 24 Years for OECD
OECDLRIN24FESTQ
Infra-Annual Labor Statistics: Inactivity Rate Male: From 55 to 64 Years for OECD
OECDLRIN55MASTQ
Infra-Annual Labor Statistics: Unemployment Rate Male: 15 Years or over for OECD
OECDLRUNTTMASTQ
Infra-Annual Labor Statistics: Unemployment Male: From 55 to 64 Years for OECD
OECDLFUN55MASTQ
Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for OECD
OECDLRUN55FESTQ
Infra-Annual Labor Statistics: Inactivity Rate Male: 15 Years or over for OECD
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA64TTO1A647N), retrieved from FRED.