Quarterly, Seasonally Adjusted
LRUN24TTO1Q156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.10
Year-over-Year Change
-19.33%
Date Range
1/1/2005 - 4/1/2017
Summary
The 'Quarterly, Seasonally Adjusted' economic trend measures the U.S. labor force participation rate on a quarterly basis, providing insights into the overall strength of the American 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
This trend represents the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work. It is a key indicator of the health and utilization of the U.S. labor market, closely watched by economists, policymakers, and labor market analysts.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is used to assess the overall availability of workers and is an important consideration in the formulation of economic and employment policies.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- The participation rate declined during the COVID-19 pandemic but has been recovering.
- Women's labor force participation rate is lower than men's, at around 57% vs. 67% respectively.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population aged 16 and over who are 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 health and utilization of the U.S. labor market, providing insights into the overall strength and availability of the American workforce.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by economists, policymakers, and labor market analysts to assess the overall availability of workers, which is an important consideration in the formulation of economic and employment policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks between the end of the reference quarter and the publication of the updated figures.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN24TTO1Q156S), retrieved from FRED.