Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for United States
Quarterly, Seasonally Adjusted
LRUN24TTUSQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.77
Year-over-Year Change
21.58%
Date Range
1/1/1955 - 4/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the U.S. labor force participation rate, which is a key indicator of the health and engagement of the working-age population.
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 used by economists and policymakers to analyze workforce dynamics and labor market trends.
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 informs economic and workforce policies aimed at maximizing employment and productivity.
Key Facts
- The U.S. labor force participation rate was 62.2% as of Q4 2022.
- The participation rate has declined from a peak of 67.3% in 2000.
- Demographic shifts, such as an aging population, impact the participation rate.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the civilian noninstitutional population aged 16 and over 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 workforce engagement and labor market health, informing economic and policy decisions.
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 informs economic and workforce policies aimed at maximizing employment and productivity.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and demographic shifts can impact the interpretation of participation rate trends.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN24TTUSQ156S), retrieved from FRED.