Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for Austria
Quarterly, Not Seasonally Adjusted
LRIN25TTATQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.40
Year-over-Year Change
-0.95%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures the labor force participation rate for the total U.S. population. This key economic indicator provides insights into workforce dynamics and labor market trends.
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 non-institutional population that is either employed or actively seeking work. This metric is closely watched by economists and policymakers to assess the strength and health of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a crucial input for employment and economic growth analysis, as well as policy decisions.
Key Facts
- The labor force participation rate reached a peak of 67.3% in early 2000.
- Participation rates are generally lower for women compared to men.
- The rate declined significantly during the Great Recession, from 66% in 2007 to 64.2% in 2010.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population 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 health of the U.S. labor market, providing insights into workforce dynamics and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for employment and economic growth analysis, as well as policy decisions made by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The 'Quarterly, Not Seasonally Adjusted' data is released with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRIN25TTATQ156N), retrieved from FRED.