All Employees: Service-Providing in Delaware
Annual, Not Seasonally Adjusted
SMU10000000700000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
437.80
Year-over-Year Change
17.03%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted civilian labor force participation rate in the United States. It is a key indicator of the overall 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 annual, not seasonally adjusted civilian labor force participation rate tracks the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work. This metric provides insight into labor market dynamics and can inform economic policy decisions.
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 widely monitored by economists, policymakers, and investors to assess the strength of the U.S. economy.
Key Facts
- The U.S. labor force participation rate was 62.2% in 2021.
- Participation rates have declined from a peak of 67.3% in 2000.
- Demographic shifts and economic factors influence labor force trends.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted civilian labor force participation rate measures the percentage of the working-age population that is 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 overall health and size of the American workforce, providing insight into labor market dynamics that can inform economic 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 widely monitored by economists, policymakers, and investors to assess the strength of the U.S. economy and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data is published with a relatively short delay, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU10000000700000001A), retrieved from FRED.