Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for OECD
Quarterly, Seasonally Adjusted
OECDLFHUADMASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,021,389.01
Year-over-Year Change
-36.91%
Date Range
1/1/2007 - 7/1/2023
Summary
The Quarterly, Seasonally Adjusted economic indicator measures the labor force participation rate in the United States on a quarterly basis, adjusted for seasonal variations. This metric is crucial for economists and policymakers to assess labor market trends and the overall health of the economy.
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 Quarterly, Seasonally Adjusted labor force participation rate tracks the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This data is used to evaluate workforce participation, labor supply, and economic activity.
Methodology
The data is collected and calculated by the Organization for Economic Cooperation and Development (OECD) based on U.S. government labor force surveys.
Historical Context
This trend is closely monitored by economists, policymakers, and financial markets to gauge the strength of the U.S. labor market and broader economic conditions.
Key Facts
- The labor force participation rate peaked at 67.3% in early 2000.
- Participation declined during the Great Recession and has remained below 63% since 2013.
- Women's participation rate is lower than men's, at around 57% vs. 69% respectively.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted indicator measures the percentage of the civilian non-institutional population in the United States that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This labor force participation rate is a key metric used by economists and policymakers to assess the health and utilization of the U.S. workforce, which informs decisions about economic and employment policies.
Q: How is this data collected or calculated?
A: The data is collected by the OECD based on U.S. government labor force surveys and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the labor force participation rate to gauge the strength of the labor market and broader economic conditions, which informs decisions on interest rates, employment programs, and other policies.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted data is published by the OECD with a lag of approximately two to three months after the end of each quarter.
Related Trends
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OECDXTEXVA01CXMLSAM
Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for OECD
OECDLFEM24TTGPQ
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Compensation per Unit of Labor Input: Total
OECDULQECU01GYSAQ
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for OECD
OECDLFEM55TTSTSAQ
Infra-Annual Labor Statistics: Unemployment Total: From 25 to 54 Years for OECD
OECDLFUN25TTSTSAQ
Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 24 Years for OECD
OECDLRIN24TTSTQ
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (OECDLFHUADMASTSAQ), retrieved from FRED.