Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 74 Years for Slovak Republic
Quarterly, Seasonally Adjusted
LRUN74FESKQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.78
Year-over-Year Change
-10.39%
Date Range
1/1/1999 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the U.S. labor force participation rate. This key economic indicator tracks the proportion of the working-age population that is 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 leading indicator of economic activity and labor market trends. It provides insights into the availability of workers, workforce dynamics, and the underlying strength of the economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor the labor force participation rate to assess the health of the labor market and guide economic policies.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for older workers and women.
- The rate declined during the COVID-19 pandemic but has since partially recovered.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the percentage of the working-age population that is employed or actively seeking work 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 the strength and availability of the workforce, providing insights into economic activity 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.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the labor force participation rate to assess the health of the labor market and guide economic policies, such as employment initiatives and workforce development programs.
Q: Are there update delays or limitations?
A: The labor force participation rate data is released on a quarterly basis with a relatively short delay, making it a timely indicator of economic conditions.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN74FESKQ156S), retrieved from FRED.