Infra-Annual Labor Statistics: Employment Rate Total: From 55 to 64 Years for Spain
Annual, Not Seasonally Adjusted
LREM55TTESA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.10
Year-over-Year Change
39.26%
Date Range
1/1/1999 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted civilian labor force participation rate in the United States. It provides insight into labor market participation trends over time.
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 civilian labor force participation rate represents the share of the civilian noninstitutional population that is either employed or actively seeking work. This measure is closely watched by economists and policymakers as an indicator of labor market conditions and workforce engagement.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a key input for economic analysis and policy decisions related to employment, workforce dynamics, and macroeconomic conditions.
Key Facts
- The civilian labor force participation rate reached a peak of 67.3% in 2000.
- The rate declined from 66.0% in 2007 to 63.3% in 2015, reflecting demographic and economic shifts.
- Participation rates vary significantly by age, gender, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted civilian labor force participation rate in the United States. It represents the share of the working-age population 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 labor market conditions and workforce engagement. It provides important insights for economists, policymakers, and other analysts assessing employment, economic growth, and workforce dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for economic analysis and policy decisions related to employment, workforce dynamics, and macroeconomic conditions. It informs assessments of labor market health and helps guide policy interventions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate is published with a short delay, typically a few months after the end of the reference year. There may be minor revisions to historical data over time.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM55TTESA156N), retrieved from FRED.