Quarterly, Not Seasonally Adjusted
LRUN64MAO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.80
Year-over-Year Change
-21.62%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the U.S. labor force participation rate on a quarterly, not seasonally adjusted basis. It provides important insights into the size and composition of the domestic 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 represents the percentage of the civilian noninstitutional 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 dynamics of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is a key indicator referenced by the Federal Reserve and other institutions when evaluating economic conditions and formulating policy.
Key Facts
- The U.S. labor force participation rate averaged 62.4% in 2022.
- Participation rates are lower for older workers and those with disabilities.
- The labor force participation rate reached a high of 67.3% in early 2000.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate measures the percentage of the civilian noninstitutional 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 labor market health and dynamics, providing insights into the size and composition of the domestic workforce.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is referenced by the Federal Reserve and other institutions when evaluating economic conditions and formulating policy.
Q: Are there update delays or limitations?
A: The labor force participation rate data is released quarterly with a lag, and may be subject to revisions as more information becomes available.
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International Trade: Imports: Value (Goods): Total
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Infra-Annual Labor Statistics: Employment Male: From 55 to 64 Years for OECD
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 55 to 64 Years for OECD
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN64MAO1Q156N), retrieved from FRED.