Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Brazil
Quarterly, Not Seasonally Adjusted
LREM24TTBRQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.19
Year-over-Year Change
-14.10%
Date Range
4/1/2002 - 7/1/2015
Summary
This economic trend measures the percentage of the U.S. population aged 24 years and over who are not in the labor force on a quarterly basis. It provides insights into workforce participation and labor market dynamics.
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 'Quarterly, Not Seasonally Adjusted' labor force participation rate tracks the share of the adult civilian population that is neither employed nor actively seeking work. This metric is a key indicator of labor market health and trends in workforce engagement.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and economists closely monitor this indicator to understand broader labor market conditions and trends.
Key Facts
- The Q1 2023 labor force participation rate was 61.8%.
- Participation rates are lower for older adults and those with disabilities.
- Declining participation can signal labor shortages or discouraged workers.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of the U.S. adult population that is not employed and not actively seeking work, providing insights into labor force participation.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key metric for understanding workforce engagement and labor market dynamics, which are crucial for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to gauge the health of the labor market and inform decisions around employment, workforce development, and economic policy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and may not capture immediate or short-term changes in labor force participation.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM24TTBRQ156N), retrieved from FRED.