Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for Czechia
Quarterly, Not Seasonally Adjusted
LRUN55TTCZQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
0.00%
Date Range
1/1/1998 - 1/1/2025
Summary
This trend measures the U.S. civilian labor force participation rate on a quarterly, non-seasonally adjusted basis. It provides insight into overall labor market participation and labor supply.
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 aged 16 and over that is either employed or actively seeking work. This metric is a key indicator of economic activity and labor market trends.
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 closely monitored by policymakers, economists, and market analysts to assess the strength of the U.S. labor market.
Key Facts
- The labor force participation rate reached a peak of 67.3% in early 2000.
- Participation declined during the Great Recession, falling to 62.4% in 2015.
- As of 2022, the labor force participation rate stands at 62.2%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population aged 16 and over that is either 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 strength of the labor market and overall economic activity. It provides insight into the supply of available workers.
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.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by policymakers, economists, and market analysts to assess the health of the U.S. labor market and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN55TTCZQ156N), retrieved from FRED.