Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 15 to 24 Years for OECD
Seasonally Adjusted
OECDLRAC24MASTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.14
Year-over-Year Change
1.75%
Date Range
7/1/2010 - 1/1/2025
Summary
The 'Seasonally Adjusted' series measures the level of total labor resources available, including both employed and unemployed individuals, in the United States. This is a key economic indicator for understanding labor market dynamics and informing policy decisions.
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 'Seasonally Adjusted' series represents the seasonally adjusted civilian labor force participation rate, which tracks the percentage of the civilian non-institutional population aged 15-64 who are either employed or actively seeking work. This metric provides important insights into labor market trends and is widely used by economists and policymakers.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics and seasonally adjusted using statistical methods.
Historical Context
The civilian labor force participation rate is a crucial input for evaluating the health of the U.S. economy and informing fiscal and monetary policies.
Key Facts
- The civilian labor force participation rate in the U.S. was 62.2% as of December 2022.
- The participation rate has declined from a high of 67.3% in 2000.
- Fluctuations in the participation rate can reflect changes in demographics, economic conditions, and policy measures.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' series measures the civilian labor force participation rate, which represents the percentage of the working-age population that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force participation rate is a crucial indicator of the health and dynamics of the U.S. labor market, providing insights into employment levels, workforce availability, and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics and is seasonally adjusted using statistical methods.
Q: How is this trend used in economic policy?
A: The civilian labor force participation rate is closely monitored by policymakers, economists, and market analysts to assess the overall state of the economy and inform fiscal, monetary, and employment-related policies.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of around one month. There may be occasional revisions to historical data as new information becomes available.
Related Trends
Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for OECD
OECDLFHUTTTTSTSAQ
Infra-Annual Labor Statistics: Working-Age Population Female: From 25 to 54 Years for OECD
OECDLFWA25FESTSAQ
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for OECD - Total
OECDLORSGPTDSTSAM
Infra-Annual Labor Statistics: Unemployment Rate Female: From 25 to 54 Years for OECD
OECDLRUN25FESTQ
Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for OECD
OECDLFWA55TTSTSAQ
Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total
OECDCPGRLE01GPQ
Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLRAC24MASTSAQ), retrieved from FRED.