All Employees: Financial Activities: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Alabama
Annual, Not Seasonally Adjusted
SMU01000005552210001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.80
Year-over-Year Change
-6.58%
Date Range
1/1/2002 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted civilian labor force participation rate in the United States. It provides insight into workforce participation and labor market trends.
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 annual, not seasonally adjusted civilian labor force participation rate represents the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. It is a key economic indicator used to assess the health and size of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and market analysts as it reflects the supply of labor in the economy.
Key Facts
- The U.S. labor force participation rate has declined from a peak of 67.3% in 2000 to 61.6% in 2022.
- Women's labor force participation rate is lower than men's, at 57.0% compared to 65.7% in 2022.
- Participation rates are typically lower for older workers and higher for prime-working age adults.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted civilian labor force participation rate in the United States, which represents the percentage of the civilian population aged 16 and over that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key economic indicator used by policymakers, economists, and market analysts to assess the health and size of the U.S. labor force, which has important implications for economic growth, employment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household 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 policymakers as it reflects the supply of labor in the economy, which informs decisions on employment, fiscal, and monetary policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted civilian labor force participation rate data is published with a slight delay, typically a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU01000005552210001A), retrieved from FRED.