Quarterly, Not Seasonally Adjusted
LREM24MAG7Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.90
Year-over-Year Change
5.52%
Date Range
4/1/2003 - 4/1/2017
Summary
This economic trend measures the quarterly, not seasonally adjusted labor force participation rate for men aged 24 to 54 in the United States. It provides insight into workforce participation trends for prime-working-age males.
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 employment. This key metric helps economists and policymakers assess the health and utilization of the U.S. labor market.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers use this metric to inform decisions on employment, workforce development, and economic policy.
Key Facts
- The current quarterly, not seasonally adjusted labor force participation rate for men aged 24-54 is around 89%.
- Participation rates for this demographic have declined from over 97% in the 1950s.
- Declining male labor force participation is a long-term trend with complex economic and social causes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted labor force participation rate for men aged 24 to 54 in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of workforce utilization and labor market health, providing important insights for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to inform decisions on employment, workforce development, and broader economic policy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short lag, and may be subject to revisions.
Related Trends
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Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for G7
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM24MAG7Q156N), retrieved from FRED.