Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Canada
Quarterly, Seasonally Adjusted
LFWATTTTCAQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,533,800.00
Year-over-Year Change
8.83%
Date Range
1/1/1976 - 4/1/2025
Summary
This series measures the civilian labor force participation rate on a quarterly, seasonally adjusted basis for the U.S. This key labor market indicator helps economists and policymakers assess labor supply and broader economic conditions.
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 age 16 and over that is working or actively seeking employment. It is an important measure of the overall strength and utilization of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers at the Federal Reserve and other institutions closely monitor labor force participation as a signal of economic health and employment dynamics.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for older workers and women compared to other demographic groups.
- Labor force participation is a key input for measuring potential GDP and the output gap.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian non-institutional population aged 16 and over that is employed or actively seeking work, on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of labor market health and the overall strength of the economy. It provides insight into the size and composition of the active labor force.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) 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: Policymakers at the Federal Reserve and other institutions monitor labor force participation as a signal of economic conditions and to help guide decisions on monetary policy and other interventions.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted labor force participation data is published with a lag of approximately one month after the end of the reference quarter.
Related Trends
Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Canada
LFEACNTTCAM647N
Value of Exports to Canada from Michigan
MICANA052SCEN
Amount Outstanding of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Canada
IDSNFAMRIAOCA
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Canada
CANCP110000CTGYM
Nominal Private Sector, Changes in Inventories for Canada
NINVPXDCCAA
Interest Rates, Government Securities, Government Bonds for Canada
INTGSBCAM193N
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWATTTTCAQ647S), retrieved from FRED.