Not in Labor Force
LNU05000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102,140.00
Year-over-Year Change
3.25%
Date Range
1/1/1975 - 7/1/2025
Summary
Measures the total population not actively participating in the labor market. Provides crucial insights into workforce engagement and economic participation.
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
Represents individuals of working age who are neither employed nor seeking employment. Includes students, retirees, and those unable to work.
Methodology
Calculated monthly through the Bureau of Labor Statistics' Current Population Survey.
Historical Context
Critical for understanding labor market dynamics and economic productivity.
Key Facts
- Includes individuals not seeking employment
- Reflects broader economic and demographic trends
- Helps calculate labor force participation rate
FAQs
Q: What does 'Not in Labor Force' mean?
A: Individuals of working age who are not employed and not actively seeking work.
Q: Why is this metric important?
A: Provides insights into workforce engagement, economic conditions, and potential labor market changes.
Q: Who is counted as 'Not in Labor Force'?
A: Students, retirees, homemakers, and those unable to work due to disability.
Q: How does this impact economic analysis?
A: Helps economists understand labor market health beyond traditional unemployment metrics.
Q: How frequently is this data updated?
A: Monthly updates through the Current Population Survey by the Bureau of Labor Statistics.
Similar LNU Trends
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Not in Labor Force, 20 Yrs. & over, Men
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Not in Labor Force - Veterans, Vietnam-Era and Earlier Wartime Periods, 18 Years and over, Women
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Citation
U.S. Federal Reserve, Not in Labor Force (LNU05000000), retrieved from FRED.