Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for United States
Monthly, Seasonally Adjusted
LRAC64TTUSM156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.80
Year-over-Year Change
-0.31%
Date Range
1/1/1977 - 7/1/2025
Summary
This economic trend measures labor productivity growth for the U.S. nonfarm business sector on a monthly, seasonally adjusted basis. Understanding labor productivity is crucial for analyzing economic growth and living standards.
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
Labor productivity is a key indicator of economic efficiency and competitiveness. It measures the amount of real output per hour worked, reflecting factors like technological innovation, worker skills, and capital investment.
Methodology
The data is collected through surveys of U.S. businesses and calculated using industry-level output and hours worked.
Historical Context
Policymakers and analysts use this productivity metric to inform decisions on economic and workforce policies.
Key Facts
- Monthly, not quarterly data
- Seasonally adjusted to remove calendar effects
- Measures output per hour worked
FAQs
Q: What does this economic trend measure?
A: This trend measures the growth in labor productivity for the U.S. nonfarm business sector on a monthly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Labor productivity is a crucial indicator of economic efficiency and competitiveness. It helps analysts and policymakers understand the drivers of economic growth and living standards.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and calculated using industry-level output and hours worked.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this productivity metric to inform decisions on economic and workforce policies that can enhance productivity and drive economic growth.
Q: Are there update delays or limitations?
A: The data is reported monthly, providing timely insights into labor productivity trends. However, there may be revisions to historical data as more information becomes available.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LRAC64TTUSM156S), retrieved from FRED.