Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Finland
Annual, Not Seasonally Adjusted
LFWATTTTFIA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,713,250.00
Year-over-Year Change
4.68%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted civilian labor force participation rate for the United States. It provides important insights into labor market dynamics and workforce engagement.
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 proportion of the civilian noninstitutional population that is either employed or actively seeking employment. This metric is closely watched by economists and policymakers to gauge the overall health and activity of the U.S. labor market.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
The labor force participation rate is a key input for policymakers evaluating the state of the economy and potential areas for intervention.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- Participation rates tend to decline during economic recessions.
- Demographic shifts, such as an aging population, impact long-term participation trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of workforce engagement and the overall health of the U.S. labor market, which is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a key input for policymakers evaluating the state of the economy and potential areas for intervention.
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 (LFWATTTTFIA647N), retrieved from FRED.