Unemployment Rate: Aged 55-64: Females for the European Union
Quarterly, Not Seasonally Adjusted
LRUN55FEEUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
-18.97%
Date Range
4/1/2000 - 10/1/2019
Summary
The Quarterly, Not Seasonally Adjusted trend measures the U.S. civilian labor force participation rate on a quarterly basis without seasonal adjustments. This metric is vital for economists and policymakers to understand labor market dynamics.
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 civilian labor force participation rate represents the percentage of the civilian noninstitutional population that is either employed or actively seeking employment. Tracking this indicator helps assess the strength and health of the U.S. labor market.
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
This labor force metric is used by the Federal Reserve and other policymakers to evaluate the economy and inform monetary and fiscal policy decisions.
Key Facts
- The U.S. civilian labor force participation rate reached a peak of 67.3% in early 2000.
- Labor force participation has declined from over 66% in 2008 to around 62% in recent years.
- Demographic shifts, such as an aging population, have contributed to the long-term decline in labor force participation.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted trend measures the percentage of the U.S. civilian noninstitutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: This labor force participation metric is crucial for evaluating the strength and health of the U.S. job market, which informs economic policymaking and investment 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 Federal Reserve and other policymakers use this labor force participation indicator to assess the state of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight lag compared to the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN55FEEUQ156N), retrieved from FRED.