Employment Rate: Aged 15-24: Males for the European Union
Annual, Not Seasonally Adjusted
LREM24MAEUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.65
Year-over-Year Change
-6.29%
Date Range
1/1/2005 - 1/1/2019
Summary
This trend measures the annual, not seasonally adjusted labor force participation rate for the U.S. economy. It provides insights into the overall size and composition of the domestic workforce.
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 population aged 16 and over who are either employed or actively seeking work. This metric is closely watched by economists and policymakers to gauge the health and dynamics of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate informs economic and policy decisions related to employment, wages, and workforce development.
Key Facts
- The current U.S. labor force participation rate is around 62%.
- Participation rates tend to be higher for men than women.
- Participation rates have declined since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian population aged 16 and over who are either employed or actively seeking work in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and dynamics of the U.S. labor market, providing insights into workforce size and composition.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate informs economic and policy decisions related to employment, wages, and workforce development.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM24MAEUA156S), retrieved from FRED.