Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 15 to 74 Years for Slovak Republic
Quarterly, Not Seasonally Adjusted
LFIN74MASKQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
599,100.00
Year-over-Year Change
-2.60%
Date Range
1/1/1999 - 1/1/2025
Summary
This trend measures the quarterly, not seasonally adjusted labor force participation rate for the United States. It provides important insights into labor market dynamics and is closely monitored by economists and policymakers.
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 proportion of the civilian non-institutional population that is either employed or actively seeking employment. This metric is a key indicator of the overall health and utilization of the labor force.
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 a crucial input for evaluating economic performance and informing policy decisions.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for women compared to men.
- The rate has declined since the early 2000s due to demographic shifts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population that is either employed or actively seeking employment on a quarterly basis, without seasonal adjustments.
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 utilization of the labor market, providing insights into economic performance and labor force dynamics.
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 closely monitored by economists and policymakers to evaluate the strength of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical lag of several weeks between the end of the reference quarter and the publication of the latest figures.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFIN74MASKQ647N), retrieved from FRED.