Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for Ireland
Quarterly, Not Seasonally Adjusted
LRUN55MAIEQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
5.13%
Date Range
4/1/1999 - 1/1/2025
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures the labor force participation rate for the United States, a key economic indicator of workforce engagement.
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
This metric represents the percentage of the civilian non-institutional population that is either employed or actively seeking work. It is a fundamental measure of economic activity and labor market health used by policymakers and analysts.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate provides important context for interpreting employment and unemployment statistics.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for women compared to men.
- Aging demographics have contributed to a declining participation rate over time.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Not Seasonally Adjusted' trend measures the percentage of the civilian non-institutional population that is either employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a fundamental indicator of economic activity and labor market health, providing important context for interpreting employment and unemployment statistics.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household 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 policymakers and economists to assess the strength of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The labor force participation rate data is released quarterly with a slight delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN55MAIEQ156N), retrieved from FRED.