Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Sweden
Quarterly, Not Seasonally Adjusted
LRUN24TTSEQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.50
Year-over-Year Change
9.50%
Date Range
4/1/1998 - 1/1/2025
Summary
The Quarterly, Not Seasonally Adjusted trend measures the total labor force participation rate in the United States. This metric is crucial for economists and policymakers to understand workforce dynamics and labor market conditions.
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 Quarterly, Not Seasonally Adjusted 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 an important indicator of the size and utilization of the U.S. labor supply.
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
Policymakers use this trend to monitor changes in labor force participation and inform decisions around employment, economic growth, and social programs.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in 2022.
- Participation rates are lower for women, older adults, and certain demographic groups.
- Declining participation can signal economic challenges, such as discouragement or retirement.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted labor force participation rate measures the percentage of the civilian population aged 16 and over that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding the size and utilization of the U.S. labor supply, which is a key indicator of economic conditions and workforce dynamics.
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: Policymakers use this trend to monitor changes in labor force participation and inform decisions around employment, economic growth, and social programs.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted labor force participation rate data is published on a regular schedule with minimal delays, providing timely insights into U.S. workforce dynamics.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN24TTSEQ156N), retrieved from FRED.