Annual, Not Seasonally Adjusted
LRUN55TTO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
4.44%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the U.S. labor force participation rate, a key indicator of the health and utilization of the nation's workforce.
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 tracks the percentage of the civilian noninstitutional population aged 16 and over who are employed or actively seeking work. It is a widely followed metric for assessing the strength and dynamics of the U.S. labor market.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers closely monitor the labor force participation rate to gauge overall economic conditions and guide employment and fiscal policies.
Key Facts
- The U.S. labor force participation rate was 62.4% in 2022.
- Participation rates are lower for women than men.
- Declining participation can signal economic weakness or demographic shifts.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate tracks the percentage of the civilian population aged 16 and over who are 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 and dynamics of the U.S. labor market, providing insights into workforce utilization and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the labor force participation rate to gauge overall economic conditions and guide employment and fiscal policies.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with minimal delay, providing timely insights into the U.S. labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN55TTO1A156S), retrieved from FRED.