Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Sweden
Annual, Not Seasonally Adjusted
LRHUTTTTSEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.35
Year-over-Year Change
2.45%
Date Range
1/1/1983 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the total labor force participation rate in the United States. This key economic indicator provides insights into the overall size and composition of the U.S. workforce.
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 a widely-watched metric for understanding the health and utilization of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Historical Context
Policymakers and economists analyze labor force participation to evaluate the strength of the economy and inform workforce development initiatives.
Key Facts
- The U.S. labor force participation rate was 62.3% in 2022.
- Participation rates tend to be higher for men than women.
- Rates have declined since the early 2000s due to population aging and other structural factors.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total labor force participation rate in the United States, representing the percentage of the civilian population that is 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 health and utilization of the U.S. labor market, providing insights that are valuable for policymakers, economists, and workforce analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze labor force participation to evaluate the strength of the economy and inform workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and may be subject to revisions based on updated population estimates.
Related Trends
Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for Sweden
LFEM25TTSEA647S
Exchange Rate Adjusted Changes of Domestic Debt Securities for Non-Financial Corporations Issuers, All Maturities, Residence of Issuer in Sweden
DSAMRIAONCERSE
Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Sweden
LFAC64TTSEQ647N
Harmonized Index of Consumer Prices: Audio-Visual, Photographic and Information Processing Equipment for Sweden
CP0910SEM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Sweden
SWECP040500GYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for Sweden
SWECPHPEN01GYM
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTTTSEA156N), retrieved from FRED.