Percent, Monthly, Not Seasonally Adjusted
LRHUADTTO1M156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
-11.32%
Date Range
1/1/2005 - 10/1/2017
Summary
This economic trend measures the monthly percentage of adults in the United States who are voluntarily out of the labor force. It provides insight into labor market dynamics and workforce participation.
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 Percent, Monthly, Not Seasonally Adjusted trend represents the share of the adult population who are neither employed nor actively seeking work. This indicator offers analysts a timely view of evolving labor force engagement and can signal changes in economic conditions.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and economists closely monitor this trend to understand labor market health and inform economic and workforce development policies.
Key Facts
- The U.S. labor force participation rate was 62.2% in April 2023.
- Women have a higher labor force participation rate than men.
- The pandemic caused a sharp decline in workforce engagement.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly percentage of the adult U.S. population who are not employed and not actively seeking work, providing insight into labor force participation.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers a timely view of evolving labor market dynamics and can signal changes in economic conditions that are relevant for policymakers, businesses, and workers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to understand labor market health and inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Percent, Monthly, Not Seasonally Adjusted (LRHUADTTO1M156N), retrieved from FRED.