Annual, Not Seasonally Adjusted
LRUN24TTO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
-2.26%
Date Range
1/1/2005 - 1/1/2016
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. This metric is widely used by economists and policymakers to analyze workforce trends and labor market dynamics.
Methodology
The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Historical Context
Policymakers and analysts closely monitor labor force participation to inform economic and workforce development strategies.
Key Facts
- The labor force participation rate was 62.2% in 2022.
- Participation rates have declined from a peak of 67.3% in 2000.
- Women's participation rate is lower than men's, at 57.5% vs. 67.1% in 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall size and composition of the U.S. workforce, providing insights into economic and labor market dynamics that are important for policymakers and analysts.
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 analysts closely monitor labor force participation to inform economic and workforce development strategies, such as employment programs, education initiatives, and policies that affect labor market conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN24TTO1A156S), retrieved from FRED.