Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Denmark
Annual, Not Seasonally Adjusted
LFWATTTTDKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,030,475.00
Year-over-Year Change
9.28%
Date Range
1/1/1999 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted labor force participation rate for adults aged 25-54 in the United States. It is a key indicator of the health and engagement of the prime-age working 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 non-institutional population aged 25-54 that is either employed or actively seeking work. It is a widely tracked metric used by economists and policymakers to assess labor market conditions and workforce trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This prime-age participation rate informs economic analysis and helps guide workforce development policies.
Key Facts
- The prime-age participation rate peaked at 84.6% in 2000.
- It declined to 82.0% during the Great Recession.
- As of 2022, the rate stands at 82.4%.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian non-institutional population aged 25-54 that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The prime-age labor force participation rate is a key indicator of labor market health and workforce engagement, informing economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The prime-age participation rate helps guide workforce development policies and informs economic analysis by policymakers and institutions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWATTTTDKA647N), retrieved from FRED.