Annual, Not Seasonally Adjusted
LREMTTTTG7A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.30
Year-over-Year Change
-0.69%
Date Range
1/1/2005 - 1/1/2016
Summary
This series measures the annual, not seasonally adjusted civilian labor force participation rate in the United States. It is a key indicator of labor market conditions and economic activity.
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 percentage of the civilian noninstitutional population that is either employed or actively seeking employment. It is a widely-tracked metric for assessing the strength and underlying trends in the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers at the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Key Facts
- The labor force participation rate reached a peak of 67.3% in 2000.
- Participation rates have declined steadily since the early 2000s.
- The rate stood at 61.6% as of the latest available data.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian population that is either employed or actively looking for work. It provides insight into the size and composition of the U.S. labor force.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength and underlying trends in the U.S. labor market. It is closely monitored by policymakers, economists, and market analysts to assess economic conditions and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly 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 a critical input for the Federal Reserve and other policymakers in evaluating the health of the labor market and the broader economy. Changes in participation can inform monetary policy decisions and fiscal policy considerations.
Q: Are there update delays or limitations?
A: This series is updated monthly by the Federal Reserve with a lag of approximately one month. The data may be subject to revisions as more complete information becomes available.
Related Trends
Infra-Annual Labor Statistics: Unemployment Female: 15 Years or over for G7
G7LFUNTTFESTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for G7
G7LFIN55MASTQ
Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for G7
G7LFACTTTTGPSAQ
Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for G7
G7LFEACNTTSTQ
Balance of Payments: Primary Income: Balance (Revenue Minus Expenditure) for G7
G7B6BLPI01CXCUQ
Balance of Payments: Goods: Revenue for G7
G7B6CRTD01CXCUQ
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREMTTTTG7A156S), retrieved from FRED.