Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Norway
Quarterly, Not Seasonally Adjusted
LRUNTTTTNOQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.09
Year-over-Year Change
24.16%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the U.S. civilian labor force participation rate on a quarterly basis without seasonal adjustments. It provides important insights into labor market dynamics.
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 represents the share of the civilian non-institutional population that is either employed or actively seeking work. This unadjusted metric is a key indicator of labor market trends and can inform economic and policy decision-making.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this labor force participation rate to assess the strength and underlying trends in the U.S. employment landscape.
Key Facts
- The U.S. civilian labor force participation rate averaged 62.2% in 2022.
- Participation rates tend to be lower during economic downturns.
- Women have historically had lower labor force participation rates than men.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population that is either employed or actively seeking work, on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force participation rate is a key indicator of labor market health and economic conditions. It provides important insights into the supply of available workers and can inform policy decisions.
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: Policymakers and analysts use this unadjusted labor force participation rate to assess the strength and underlying trends in the U.S. employment landscape, which can inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a delay of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUNTTTTNOQ156N), retrieved from FRED.