Infra-Annual Labor Statistics: Unemployment Rate Female: From 55 to 64 Years for Estonia
Annual, Seasonally Adjusted
LRUN55FEEEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.51
Year-over-Year Change
-8.72%
Date Range
1/1/2000 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the U.S. labor force participation rate. This key economic indicator provides insights into labor market dynamics and workforce trends.
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 aged 16 and over who are either employed or actively seeking work. It is a widely followed metric for assessing the health and utilization of the U.S. labor market.
Methodology
The data is collected and reported monthly by the U.S. Bureau of Labor Statistics based on the Current Population Survey.
Historical Context
The labor force participation rate is used by policymakers, economists, and analysts to evaluate the strength of the economy and inform decisions on fiscal and monetary policies.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- Participation rates are lower for older workers and women compared to younger workers and men.
- Declining participation has been a long-term trend since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate measures the percentage of the civilian non-institutional population aged 16 and over who are 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 health and utilization of the U.S. labor market, providing insights into workforce trends and labor supply.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Bureau of Labor Statistics based on the Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers, economists, and analysts to evaluate the strength of the economy and inform decisions on fiscal and monetary policies.
Q: Are there update delays or limitations?
A: The labor force participation rate data is reported monthly with no significant update delays.
Related Trends
Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Estonia
BARTERICMP25UPZSEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Water Supply and Miscellaneous Services Relating to the Dwelling for Estonia
ESTCP040400GYM
Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Estonia
ESTPREND401IXEBSAM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for Estonia
LFIN55MAEEA647N
Real Exports of Goods and Services for Estonia
NXRSAXDCESQ
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Estonia
ESTCP110000GPM
Citation
U.S. Federal Reserve, Labor Force Participation Rate (LRUN55FEEEA156S), retrieved from FRED.