Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for OECD
Quarterly, Seasonally Adjusted
OECDLFHUADTTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,816,821.88
Year-over-Year Change
-35.79%
Date Range
1/1/2005 - 7/1/2023
Summary
This series measures the labor force participation rate in the United States on a quarterly, seasonally adjusted basis. It is a key indicator of the health and size of the American 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 represents the share of the civilian, non-institutional population that is either employed or actively seeking work. This metric is closely monitored by economists and policymakers to assess the strength of the U.S. labor market.
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 used to inform economic and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate was 62.2% as of Q4 2022.
- Participation rates are higher for men than women.
- The rate has declined since the early 2000s due to demographic shifts.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian, non-institutional population that is either employed or actively seeking work in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and size of the U.S. workforce, providing important insights into labor market dynamics that inform economic and 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: The labor force participation rate is closely monitored by economists and policymakers to assess the strength of the U.S. labor market and inform decisions on economic and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay, providing timely insights into labor market trends.
Related Trends
Sales: Retail Trade: Car Registration: Passenger Cars for OECD
OECDSLRTCR03GYSAM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 24 Years for OECD
OECDLFIN24TTSTSAQ
Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for OECD
OECDB6FAOI03CXCUQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for OECD
OECDLFWA55TTSTSAQ
Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for OECD
OECDLFHUADFESTSAM
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for OECD
OECDLRHUTTFESTM
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (OECDLFHUADTTSTSAQ), retrieved from FRED.