Inactivity Rate: Aged 15-64: Males for the European Union
Annual, Not Seasonally Adjusted
LRIN64MAEUA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.65
Year-over-Year Change
-8.12%
Date Range
1/1/2005 - 1/1/2019
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for adults aged 16 and over in the U.S. This metric is a key indicator of the size and composition of the U.S. labor force.
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 share of the civilian noninstitutional population that is either employed or actively seeking employment. It is a crucial measure of the health and utilization of the U.S. workforce.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists analyze this trend to assess labor market dynamics and inform decisions around employment, wages, and economic growth.
Key Facts
- The U.S. labor force participation rate averaged 62.8% in 2021.
- Participation rates are lower for older adults and those with disabilities.
- The rate has declined from a peak of 67.3% in 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate for adults aged 16 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the health and utilization of the U.S. workforce, providing insights into employment dynamics and labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess labor market dynamics and inform decisions around employment, wages, and economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and the annual, not seasonally adjusted series may not capture short-term fluctuations in the labor force.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRIN64MAEUA156S), retrieved from FRED.