Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 64 Years for Canada
Annual, Seasonally Adjusted
LRUN64FECAA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.08
Year-over-Year Change
-13.73%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Seasonally Adjusted series measures the civilian labor force participation rate in the United States. This key economic indicator provides insight into the size and composition of the active 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 civilian labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. It is a widely-tracked metric used by policymakers and analysts to assess the health and dynamics of the U.S. labor market.
Methodology
This data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a crucial input for economic analysis and policy decisions related to employment, wages, and overall economic performance.
Key Facts
- The U.S. labor force participation rate was 62.2% in June 2022.
- Women's labor force participation rate was 57.1% in June 2022.
- The participation rate peaked at 67.3% in early 2000.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted series 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 labor market conditions and the overall health of the economy. It provides insights into workforce dynamics and is used by policymakers, economists, and analysts to assess economic performance.
Q: How is this data collected or calculated?
A: This data is collected through the Current Population Survey, 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 a crucial input for economic analysis and policy decisions related to employment, wages, and overall economic performance. It helps inform monetary and fiscal policies aimed at promoting full employment and economic growth.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with a relatively short lag, making it a timely indicator of labor market conditions. However, the data may be subject to revisions and can be influenced by demographic and structural changes in the economy.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN64FECAA156S), retrieved from FRED.