Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 24 Years for Israel
Annual, Seasonally Adjusted
LRAC24FEILA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.41
Year-over-Year Change
-6.54%
Date Range
1/1/1995 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted labor force participation rate for the Midwest region of the United States. It is a key indicator of the health and dynamics of the regional labor market.
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 that is either employed or actively seeking work. This metric provides important insights into workforce trends and the overall economic conditions in the Midwest.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Midwest labor force participation rate is closely monitored by policymakers and economists to assess regional economic performance and inform policy decisions.
Key Facts
- The Midwest region includes 12 states in the central United States.
- The labor force participation rate peaked at 67.7% in the Midwest in 2000.
- Declining participation rates can signal economic challenges in a region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted labor force participation rate for the Midwest region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The Midwest labor force participation rate provides important insights into workforce trends and the overall economic conditions in the region, making it a key indicator for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Midwest labor force participation rate is closely monitored by policymakers and economists to assess regional economic performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of household survey data collected by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC24FEILA156S), retrieved from FRED.