Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for Finland
Quarterly, Seasonally Adjusted
LRUN55MAFIQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.38
Year-over-Year Change
3.74%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' trend measures the civilian labor force participation rate for the United States. 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 civilian labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This metric is widely used by economists and policymakers to analyze the health and composition 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
The labor force participation rate is a crucial input for evaluating employment, economic growth, and the potential for inflationary pressures.
Key Facts
- The labor force participation rate reached a peak of 67.3% in 2000.
- Participation rates are typically lower for women compared to men.
- The rate declined during the Great Recession but has gradually recovered since.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population that is either employed or actively seeking employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and composition of the U.S. labor market, providing insights into workforce trends and the potential for economic growth and inflationary pressures.
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 labor force participation rate is closely monitored by economists, policymakers, and market analysts to evaluate employment conditions, economic growth potential, and the likelihood of inflationary pressures.
Q: Are there update delays or limitations?
A: The 'Quarterly, Seasonally Adjusted' data is subject to periodic revisions and may have a short delay in publication compared to the latest labor market conditions.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN55MAFIQ156S), retrieved from FRED.