Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Czechia
Quarterly, Not Seasonally Adjusted
LRUNTTTTCZQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.60
Year-over-Year Change
5.12%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic indicator tracks the U.S. civilian labor force participation rate on a quarterly, not seasonally adjusted basis. It is a key metric for understanding labor market dynamics and labor force engagement.
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 measures the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This trend provides important insights into labor force composition and trends over time.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and labor market analysts.
Key Facts
- The U.S. labor force participation rate was 62.2% in Q1 2023.
- Participation rates vary by age, gender, and other demographic factors.
- Declining labor force participation is a concern for economic growth.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of the civilian non-institutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate provides important insights into labor market dynamics and the overall engagement of the working-age population.
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 is closely monitored by policymakers, economists, and labor market analysts to assess the health of the labor market and inform economic policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a slight delay, and may not fully capture seasonal or short-term fluctuations in the labor force.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUNTTTTCZQ156N), retrieved from FRED.