Infra-Annual Labor Statistics: Labor Force Participation Rate Female: 15 Years or over for Czechia
Annual, Not Seasonally Adjusted
LRACTTFECZA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.50
Year-over-Year Change
6.95%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate in the United States. It is a key indicator of labor market conditions and workforce 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
The labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and older that is either employed or actively seeking work. It is a widely-used metric for evaluating the strength and dynamics of the U.S. labor market.
Methodology
This data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and analysts to assess the health of the economy and guide economic and workforce policies.
Key Facts
- The U.S. labor force participation rate reached a peak of 67.3% in 2000.
- Participation rates tend to decline during economic recessions.
- Women's participation rate has increased significantly since the 1950s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in the United States. It represents the percentage of the civilian population aged 16 and older that is 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 strength and dynamics of the U.S. labor market. It is closely monitored by policymakers, economists, and analysts to assess the health of the economy and guide economic and workforce policies.
Q: How is this data collected or calculated?
A: This data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers, economists, and analysts to evaluate the overall strength of the labor market and inform decisions on economic and workforce policies.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with a typical update delay of 1-2 months. There are no significant limitations on the data.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRACTTFECZA156N), retrieved from FRED.