Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for Canada
Quarterly, Not Seasonally Adjusted
LRUN55MACAQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.24
Year-over-Year Change
18.02%
Date Range
1/1/1976 - 4/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures the U.S. labor force participation rate on a quarterly basis without seasonal adjustments. This provides valuable insights into underlying workforce trends for economists and policymakers.
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 that is either employed or actively seeking work. This unadjusted quarterly metric offers a more granular view of labor market dynamics compared to monthly seasonally adjusted data.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The participation rate is a key indicator used by the Federal Reserve and other policymakers to assess the health and utilization of the U.S. labor market.
Key Facts
- The U.S. labor force participation rate was 62.4% in Q4 2022.
- The participation rate declined during the COVID-19 pandemic but has been slowly recovering.
- Economists monitor this metric to gauge the strength and availability of the domestic labor supply.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work, on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted quarterly participation rate offers valuable insights into underlying labor market dynamics that can inform economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The participation rate is a key indicator used by the Federal Reserve and other policymakers to assess the health and utilization of the U.S. labor market.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a lag of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN55MACAQ156N), retrieved from FRED.