Quarterly, Not Seasonally Adjusted
LRUN25MAO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
-21.88%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the labor force participation rate for the United States on a quarterly, not seasonally adjusted basis. It provides insights into the size and composition of the active labor force, which is a key economic indicator.
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 assess labor market dynamics and 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
The labor force participation rate is a crucial input for evaluating employment trends, informing monetary and fiscal policy decisions, and understanding the overall health of the economy.
Key Facts
- The U.S. labor force participation rate reached a peak of 67.3% in early 2000.
- The rate declined from 2008 to 2015 due to the Great Recession and demographic shifts.
- As of 2022, the labor force participation rate is approximately 62.4%.
FAQs
Q: What does this economic trend measure?
A: This trend 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 the size and composition of the active labor force, providing insights into labor market dynamics and the overall health of the economy.
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 a crucial input for evaluating employment trends, informing monetary and fiscal policy decisions, and understanding the overall health of the economy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short lag time. There may be limitations due to survey sample size and the exclusion of certain population groups.
Related Trends
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Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 24 Years for OECD
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN25MAO1Q156N), retrieved from FRED.