Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Denmark
Annual, Not Seasonally Adjusted
LFWA74TTDKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,406,625.00
Year-over-Year Change
4.99%
Date Range
1/1/1999 - 1/1/2024
Summary
This measure tracks the U.S. civilian labor force as a percentage of the total working-age population, without seasonal adjustments.
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 is a key indicator of the size and composition of the U.S. workforce. It provides insights into economic activity, labor market dynamics, and potential for future growth.
Methodology
This data is collected through the monthly Current Population Survey by the U.S. Bureau of Labor Statistics.
Historical Context
The participation rate is closely monitored by policymakers, economists, and investors to assess the health and capacity of the U.S. labor market.
Key Facts
- The current U.S. labor force participation rate is around 62%.
- The rate has declined from over 67% in 2000.
- Participation varies significantly by age, gender, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate measures the percentage of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The participation rate provides insights into the size and engagement of the labor force, which is a key driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors monitor the participation rate to assess the health and capacity of the labor market, which informs decisions around employment, wages, and economic policy.
Q: Are there update delays or limitations?
A: The labor force participation rate data is released monthly with the Employment Situation report, with no significant update delays.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA74TTDKA647N), retrieved from FRED.