Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 64 Years for Ireland
Annual, Seasonally Adjusted
LRUN64FEIEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.38
Year-over-Year Change
-66.11%
Date Range
1/1/2000 - 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 the overall strength and composition of the 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 civilian labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over that is employed or actively seeking work. This metric is widely used by economists and policymakers to assess labor market dynamics and broader economic conditions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is a critical input for understanding employment, wage, and productivity trends, as well as informing fiscal and monetary policy decisions.
Key Facts
- The labor force participation rate peaked at 67.3% in 2000.
- Participation rates are lower for older workers and women.
- Declining participation can signal structural economic shifts.
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 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 composition of the labor market, providing insights that inform economic and policy decisions.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a critical input for understanding employment, wage, and productivity trends, as well as informing fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, making it a timely indicator of labor market conditions.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate (LRUN64FEIEA156S), retrieved from FRED.