Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Denmark
Quarterly, Seasonally Adjusted
LRUN55FEDKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.24
Year-over-Year Change
6.42%
Date Range
1/1/1999 - 1/1/2025
Summary
This series measures the U.S. civilian labor force participation rate on a quarterly, seasonally adjusted basis. It is a key indicator of labor market trends and the potential size of the 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
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 analyze workforce dynamics and labor market health.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The participation rate provides important context for interpreting unemployment and employment figures, as well as informing workforce and economic policies.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for older workers and women.
- The rate declined sharply during the COVID-19 pandemic but has since partially recovered.
FAQs
Q: What does this economic trend measure?
A: This 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 dynamics and labor market health, providing important context for interpreting employment and unemployment figures.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household 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 participation rate informs workforce and economic policies by providing insights into the potential size and composition of the labor force.
Q: Are there update delays or limitations?
A: The participation rate data is released quarterly with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN55FEDKQ156S), retrieved from FRED.