Working Age Population: Aged 15-74: Males for the Euro Area (19 Countries)
Quarterly, Seasonally Adjusted
LFWA74MAEZQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128,076,337.60
Year-over-Year Change
0.81%
Date Range
1/1/2005 - 10/1/2022
Summary
This economic trend measures the labor force participation rate for the U.S. population aged 15-64. It is a key indicator of the overall health and utilization of the working-age population.
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 working-age population that is either employed or actively seeking employment. This metric provides insight into the size and engagement of the available labor pool.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers and economists to assess the strength of the labor market and the overall economy.
Key Facts
- The U.S. labor force participation rate was 62.4% in April 2023.
- The participation rate peaked at 67.3% in early 2000.
- Women's participation rate has increased from 43.3% in 1970 to 57.3% in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian working-age population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and utilization of the working-age population, providing insight into the size and engagement of the available labor pool.
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 labor force participation rate is closely monitored by policymakers and economists to assess the strength of the labor market and the overall economy.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with a delay of approximately one month.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate - 15-64 Years, Seasonally Adjusted (LFWA74MAEZQ647S), retrieved from FRED.