Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Finland
Quarterly, Not Seasonally Adjusted
LREM74TTFIQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.40
Year-over-Year Change
-1.76%
Date Range
1/1/1998 - 1/1/2025
Summary
This series measures the quarterly, not seasonally adjusted labor force participation rate for the total population aged 16 and over in the United States. It provides insights into workforce trends 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 labor force participation rate represents the share of the civilian noninstitutional population that is either employed or actively seeking employment. This metric is closely monitored by economists and policymakers to assess the health and utilization 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 labor force participation rate is a key indicator used in policy decisions and economic analysis.
Key Facts
- The U.S. labor force participation rate averaged around 63% in 2022.
- Participation rates are lower for older workers and individuals with disabilities.
- The COVID-19 pandemic caused a significant decline in labor force participation in 2020.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, not seasonally adjusted labor force participation rate for the total U.S. population aged 16 and over.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of workforce engagement and labor market health, providing insights for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through the monthly 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 labor force participation rate is closely monitored by the Federal Reserve and other policymakers to assess labor market conditions and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted labor force participation rate data is typically released with a 1-2 month lag.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM74TTFIQ156N), retrieved from FRED.