Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for G7
Seasonally Adjusted
G7LFEAINTTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48,474,490.00
Year-over-Year Change
-2.33%
Date Range
1/1/2005 - 10/1/2020
Summary
The Seasonally Adjusted index measures changes in the U.S. labor force participation rate, an important economic indicator used by policymakers to assess the health of the labor market.
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 labor force participation rate tracks the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. This provides insight into labor market dynamics and the overall economic climate.
Methodology
The data is collected through the Current Population Survey and adjusted to account for seasonal variations.
Historical Context
The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- The rate has declined from over 66% in 2008 to around 62% in recent years.
- Factors like population aging and economic conditions affect the participation rate.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted labor force participation rate measures the percentage of the civilian population aged 16 and over that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate provides important insights into the health of the U.S. labor market and overall economic conditions, making it a key indicator tracked by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey and adjusted to account for seasonal variations.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions related to employment, monetary policy, and overall economic management.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted labor force participation rate data is published monthly with minimal delays, providing timely insights into labor market dynamics.
Related Trends
Labour Compensation: Earnings: Manufacturing: Hourly for G7
G7LCEAMN01GPSAM
Consumer Price Index: Food and non-Alcoholic beverages (COICOP 01): Total: Total for G7
G7CP010000IXNBM
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for G7
G7LFEMTTFEGPQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: From 15 to 24 Years for G7
G7LRHU24TTSTM
Infra-Annual Labor Statistics: Working-Age Population Male: From 55 to 64 Years for G7
G7LFWA55MASTQ
Infra-Annual Labor Statistics: Working-Age Population Female: From 55 to 64 Years for G7
G7LFWA55FESTSAQ
Citation
U.S. Federal Reserve, Seasonally Adjusted (G7LFEAINTTSTSAQ), retrieved from FRED.