Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Denmark
Annual, Seasonally Adjusted
LREM74FEDKA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.70
Year-over-Year Change
9.77%
Date Range
1/1/1999 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted labor force participation rate for the Kansas City, MO-KS metropolitan area. It provides valuable insights into regional economic activity and labor market trends.
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 noninstitutional population that is either employed or actively seeking employment. This metric is closely watched by economists and policymakers to gauge the strength and dynamism of local and regional labor markets.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The labor force participation rate is a key input for analyzing employment, unemployment, and economic growth at the metropolitan level.
Key Facts
- The labor force participation rate for the Kansas City metro area was 68.4% in 2021.
- Participation rates have declined since the Great Recession, reflecting broader national trends.
- The Kansas City metro area typically has a higher participation rate than the U.S. national average.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted labor force participation rate for the Kansas City, MO-KS metropolitan area. It represents the percentage of the civilian population that is 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 regional economic health and labor market dynamics. It provides valuable insights for economists, policymakers, and businesses seeking to understand employment trends and the overall strength of the local workforce.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers, economists, and market analysts to assess the strength and resilience of regional economies. It informs decisions related to workforce development, employment policies, and targeted economic interventions.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically a few months after the end of the reference period. There may be occasional revisions to historical data as new information becomes available.
Related Trends
Infra-Annual Labor Statistics: Unemployment Total: From 15 to 64 Years for Denmark
LFUN64TTDKQ647N
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Denmark
LFEM64FEDKA647N
Consumer Price Index: Harmonized Prices: Miscellaneous Goods and Services (COICOP 12): Total for Denmark
DNKCPHP1200GPM
Production: Manufacturing: Total Manufacturing for Denmark
DNKPRMNTO01IXNBM
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for Denmark
LRAC24TTDKQ156S
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Denmark
LFWA74TTDKQ647S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM74FEDKA156S), retrieved from FRED.