Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for OECD
Seasonally Adjusted
OECDLREM24TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.21
Year-over-Year Change
1.95%
Date Range
7/1/2010 - 1/1/2025
Summary
This trend measures the seasonally adjusted labor force participation rate for total population aged 15-64 in the United States. It is a key indicator of labor market conditions and economic activity.
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 percentage of the working-age population that is employed or actively seeking employment. Analyzing changes in this metric provides insights into the strength and dynamics of the U.S. labor market.
Methodology
The data is collected and seasonally adjusted by the OECD based on household survey information.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and financial markets to assess the health of the economy.
Key Facts
- The U.S. labor force participation rate was 62.3% in 2022.
- Participation rates have declined since the 2000s due to demographic shifts and economic factors.
- Changes in participation can signal shifts in employment, retirement, and workforce trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted labor force participation rate for the total population aged 15-64 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 strength and dynamics of the U.S. labor market, providing insights into employment, retirement, and workforce trends.
Q: How is this data collected or calculated?
A: The data is collected and seasonally adjusted by the OECD based on household survey information.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by policymakers, economists, and financial markets to assess the overall health of the economy.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the OECD, and may have a delay before the latest information is available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLREM24TTSTSAQ), retrieved from FRED.