Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Austria
Quarterly, Seasonally Adjusted
LRUN55FEATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.57
Year-over-Year Change
-3.98%
Date Range
1/1/1999 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the U.S. labor force participation rate on a quarterly basis, adjusted for seasonal variations. This key economic indicator provides insights into the overall strength and dynamics of the labor market.
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 non-institutional population that is either employed or actively seeking employment. Economists and policymakers closely monitor this metric to assess the health and utilization of the U.S. workforce.
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 inform economic and monetary policy decisions by the Federal Reserve and other government agencies.
Key Facts
- The labor force participation rate reached a high of 67.3% in early 2000.
- The rate declined during the Great Recession, reaching a low of 62.4% in 2015.
- Declining participation rates can signal economic challenges, such as discouraged workers leaving the labor force.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the civilian non-institutional population that is either employed or actively seeking employment 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 strength and utilization of the U.S. labor market, providing insights into economic conditions and trends.
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 to inform economic and monetary policy decisions by the Federal Reserve and other government agencies.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted series is published on a timely basis, with the latest data typically available within a few months of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN55FEATQ156S), retrieved from FRED.