Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Slovak Republic
Annual, Seasonally Adjusted
LREM74FESKA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.33
Year-over-Year Change
15.38%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment-population ratio for the U.S. workforce. It provides a key indicator of labor market strength and utilization.
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 employment-population ratio represents the proportion of the civilian non-institutional population that is employed. Economists and policymakers closely monitor this metric to assess the health and resiliency of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The employment-population ratio informs economic and monetary policy decisions by the Federal Reserve and other institutions.
Key Facts
- The ratio ranged from 47.8% to 63.4% over the past 50 years.
- The ratio declined sharply during the Great Recession, falling from 63.1% in 2007 to 58.5% in 2010.
- As of the latest data, the employment-population ratio stood at 59.7% in 2022.
FAQs
Q: What does this economic trend measure?
A: The annual, seasonally adjusted employment-population ratio measures the proportion of the civilian non-institutional population that is employed in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment-population ratio is a key indicator of labor market strength and utilization, providing insight into the overall health and resilience of the U.S. economy.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment-population ratio informs economic and monetary policy decisions by the Federal Reserve and other institutions, as it reflects the overall level of labor market participation and utilization.
Q: Are there update delays or limitations?
A: The employment-population ratio data is published monthly with a typical one-month delay, and is subject to periodic revisions by the statistical agencies.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM74FESKA156S), retrieved from FRED.