Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Canada
Quarterly, Seasonally Adjusted
LRUN64TTCAQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.03
Year-over-Year Change
35.26%
Date Range
1/1/1976 - 4/1/2025
Summary
This economic trend measures the U.S. civilian labor force participation rate, which is the proportion of the civilian population aged 16 and over that is either employed or actively seeking work.
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 is a key indicator of the health and size of the U.S. labor market. Economists and policymakers closely monitor this metric to assess employment dynamics and the strength of the economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate informs fiscal, monetary, and employment policies.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- The rate declined during the Great Recession, reaching a low of 62.4% in 2015.
- As of 2022, the labor force participation rate is around 62.2%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian 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 health and strength of the U.S. labor market, providing insights into employment dynamics and the overall economy.
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.
Q: How is this trend used in economic policy?
A: The labor force participation rate informs fiscal, monetary, and employment policies, as it reflects the availability of workers and the overall labor market conditions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve, with a typical update delay of several weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN64TTCAQ156S), retrieved from FRED.