Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 64 Years for Finland
Annual, Seasonally Adjusted
LRUN64FEFIA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.68
Year-over-Year Change
7.20%
Date Range
1/1/1998 - 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 insights into workforce trends and labor market dynamics.
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 widely used by economists and policymakers to assess the health and availability of the U.S. labor supply.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is an important input for economic forecasting and analysis of employment and labor market conditions.
Key Facts
- The labor force participation rate was 62.2% in April 2023.
- Participation rates tend to decline during economic downturns.
- Women's participation rate is lower than men's on average.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' series 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 availability and utilization of the U.S. labor supply, providing insights into workforce trends and labor market dynamics.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is an important input for economic forecasting and analysis of employment and labor market conditions, informing policy decisions by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The 'Annual, Seasonally Adjusted' series is updated monthly, with a typical release lag of around one month.
Related Trends
Consumer Price Index: Harmonized Prices: Miscellaneous Goods and Services (COICOP 12): Total for Finland
FINCPHP1200GPM
Producer Prices Index: Type of Goods: Durable Consumer Goods: Total for Finland
PITGCD01FIQ661N
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Health for Finland
FINCP060000IXOBM
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 74 Years for Finland
LREM74MAFIQ156S
Infant Mortality Rate for Finland
SPDYNIMRTINFIN
Harmonized Index of Consumer Prices: Other Purchased Transport Services for Finland
CP0736FIM086NEST
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRUN64FEFIA156S), retrieved from FRED.