Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 74 Years for Sweden
Quarterly, Seasonally Adjusted
LREM74TTSEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.89
Year-over-Year Change
0.89%
Date Range
1/1/2001 - 1/1/2025
Summary
This quarterly, seasonally adjusted series measures the labor force participation rate for the U.S. economy. It is a key economic indicator used by policymakers and analysts to assess the strength of the labor market.
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 aged 16 and over that is either employed or actively seeking work. It is an important metric for understanding the overall health and dynamics of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The labor force participation rate is closely monitored by the Federal Reserve and other economic policymakers as they assess the level of labor market slack and make decisions on monetary policy.
Key Facts
- The U.S. labor force participation rate was 62.2% as of the latest quarter.
- Participation rates have declined from over 66% in the early 2000s.
- Lower participation can indicate underutilized labor resources in the economy.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate measures the percentage of the civilian population aged 16 and over 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 the strength and utilization of the U.S. labor market, which is closely monitored by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely watched by the Federal Reserve and other policymakers as they assess labor market conditions and make decisions on monetary policy.
Q: Are there update delays or limitations?
A: The labor force participation rate data is released quarterly with a short lag, typically within a month after the end of the reference period.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate (LREM74TTSEQ156S), retrieved from FRED.