Annual, Not Seasonally Adjusted

LREM24FEO1A156S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

37.60

Year-over-Year Change

-3.09%

Date Range

1/1/2005 - 1/1/2016

Summary

This economic trend measures the labor force participation rate for individuals ages 24-54 in the United States on an annual, not seasonally adjusted basis. It provides important insights into the strength and composition of the working-age population.

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 proportion of the civilian noninstitutional population that is either employed or actively seeking employment. This metric is closely monitored by economists and policymakers to assess the health and dynamics of the U.S. labor market.

Methodology

The data is collected through the Current Population Survey administered by the U.S. Census Bureau.

Historical Context

Policymakers use this trend to inform decisions around employment, economic growth, and workforce development programs.

Key Facts

  • The annual, not seasonally adjusted labor force participation rate in the U.S. was 82.1% in 2021.
  • The rate has declined from a high of 84.6% in 1999 as the population ages and more workers retire.
  • Participation rates tend to be higher for men than women in the 24-54 age group.

FAQs

Q: What does this economic trend measure?

A: This trend measures the proportion of the civilian noninstitutional population ages 24-54 that is either employed or actively seeking employment in the United States on an annual, not seasonally adjusted basis.

Q: Why is this trend relevant for users or analysts?

A: The labor force participation rate is a key indicator of the strength and composition of the working-age population, providing insights into employment, economic growth, and workforce dynamics.

Q: How is this data collected or calculated?

A: The data is collected through the Current Population Survey administered by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers use this trend to inform decisions around employment, economic growth, and workforce development programs.

Q: Are there update delays or limitations?

A: The data is published annually with a delay of several months, and does not account for seasonal variations in the labor force.

Related Trends

Citation

U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM24FEO1A156S), retrieved from FRED.