Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 24 Years for OECD
Seasonally Adjusted
OECDLFIN24MASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,050,730.00
Year-over-Year Change
0.53%
Date Range
7/1/2010 - 1/1/2025
Summary
The 'Seasonally Adjusted' trend measures the level of labor force participation in the United States. This key economic indicator provides insights into the strength and resilience of the U.S. labor market.
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 that is either employed or actively seeking work. It is a widely used metric for evaluating the health and dynamics of the U.S. workforce.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor labor force participation to assess economic conditions and inform employment and fiscal policies.
Key Facts
- The U.S. labor force participation rate was 62.3% as of the latest data.
- Participation rates are lower for women compared to men.
- Participation tends to decline during economic downturns.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted trend measures the percentage of the civilian non-institutional population that is either employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and dynamics of the U.S. labor market, providing insights that are crucial for policymakers, economists, and investors.
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 economists closely monitor labor force participation to assess economic conditions and inform employment, fiscal, and monetary policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a brief delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLFIN24MASTSAQ), retrieved from FRED.