Infra-Annual Labor Statistics: Unemployment Rate Total: From 55 to 64 Years for Luxembourg
Annual, Not Seasonally Adjusted
LRUN55TTLUA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.11
Year-over-Year Change
43.01%
Date Range
1/1/2003 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the total civilian labor force in the United States. This broad employment metric is a key indicator for policymakers and analysts monitoring the health of the U.S. labor market.
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 total civilian labor force includes all employed and unemployed individuals aged 16 and over who are not in the military or institutionalized. This labor force data provides important context for evaluating employment levels, unemployment rates, and broader economic conditions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
The civilian labor force trend is used to inform economic and monetary policy decisions.
Key Facts
- The civilian labor force includes over 160 million workers.
- Labor force participation has declined from over 67% in 2000 to around 62% today.
- The data is released monthly as part of the Employment Situation report.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total civilian labor force in the United States, including both employed and unemployed individuals aged 16 and over who are not in the military or institutionalized.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force is a crucial indicator of the health and size of the U.S. workforce, providing important context for evaluating employment levels, unemployment rates, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The civilian labor force trend is closely monitored by policymakers and analysts to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly as part of the Employment Situation report, with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN55TTLUA156N), retrieved from FRED.