Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Unfilled Vacancies for Sweden
Quarterly, Not Seasonally Adjusted
LMJVTTUVSEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121,784.70
Year-over-Year Change
63.25%
Date Range
7/1/1961 - 10/1/2023
Summary
This economic trend measures the quarterly, not seasonally adjusted U.S. labor force participation rate. It provides insight into the overall size and engagement of the U.S. civilian labor force.
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 quarterly, not seasonally adjusted labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and over who are either employed or actively seeking work. It is a key indicator of economic health and labor market trends.
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 and economists closely monitor labor force participation to assess the strength of the U.S. labor market and inform economic and workforce development strategies.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for older workers and those without a college degree.
- Labor force participation declined during the COVID-19 pandemic but has been recovering.
FAQs
Q: What does this economic trend measure?
A: The quarterly, not seasonally adjusted labor force participation rate measures the percentage of the civilian noninstitutional population aged 16 and over who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the size and engagement of the U.S. workforce, providing insight into the strength of the labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force participation to assess the strength of the U.S. labor market and inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published on a quarterly basis, with a slight delay after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LMJVTTUVSEQ647N), retrieved from FRED.