Annual, Not Seasonally Adjusted
LRUN55FEO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual average labor force participation rate for the United States, not seasonally adjusted. It provides important insights into the size and composition of the U.S. labor force over time.
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 proportion of the civilian noninstitutional population that is either employed or actively seeking employment. This metric is widely used by economists and policymakers to assess the health and dynamism of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a key indicator monitored by the Federal Reserve and other economic institutions.
Key Facts
- The U.S. labor force participation rate averaged 62.8% in 2021.
- Labor force participation has declined from a peak of 67.1% in 2000.
- Participation rates vary significantly by age, gender, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual average labor force participation rate in the United States, which represents the proportion of the civilian population that is 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 dynamics of the U.S. labor market, providing insight into the size and composition of the workforce.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to assess the strength of the labor market and inform policy decisions.
Q: Are there update delays or limitations?
A: The annual labor force participation rate data is released with a lag, typically several months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN55FEO1A156S), retrieved from FRED.