Infra-Annual Labor Statistics: Unemployment Rate Female: 15 Years or over for Slovak Republic
Quarterly, Not Seasonally Adjusted
LRUNTTFESKQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.77
Year-over-Year Change
-9.45%
Date Range
1/1/1994 - 1/1/2025
Summary
The Quarterly, Not Seasonally Adjusted series measures the total labor force participation rate in the United States. This key economic indicator provides insights into the overall size and composition of the U.S. 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 tracks the percentage of the civilian non-institutional population aged 16 and over who are employed or actively seeking work. It is a crucial metric for economists and policymakers to gauge the health and utilization of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate reached a peak of 67.3% in 2000.
- Participation rates have declined since the 2008 financial crisis, reflecting demographic shifts and economic conditions.
- The Federal Reserve closely tracks labor force participation to gauge labor market slack and guide monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted series measures the total labor force participation rate in the United States, which is the percentage of the civilian non-institutional population aged 16 and over who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial metric for economists and policymakers to gauge the health and utilization of the U.S. labor market, and it informs economic and monetary policy decisions.
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: The Federal Reserve and other government agencies closely monitor the labor force participation rate to inform their economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short lag, and it may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUNTTFESKQ156N), retrieved from FRED.