Labor Force Participation Rate for North Dakota
Not Seasonally Adjusted
LBSNSA38 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.40
Year-over-Year Change
-0.56%
Date Range
1/1/1976 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures the number of job openings in the U.S. economy without adjusting for seasonal fluctuations. This indicator provides insight into the underlying trends in labor demand.
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 'Not Seasonally Adjusted' series represents the raw, unadjusted number of job openings across the U.S. It serves as a complementary measure to the seasonally adjusted data, allowing analysts to identify patterns that may be obscured by seasonal adjustments.
Methodology
The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this series to assess the overall strength of the labor market and guide decisions on economic policies.
Key Facts
- The 'Not Seasonally Adjusted' series is published monthly by the U.S. Bureau of Labor Statistics.
- This indicator does not account for typical seasonal patterns in job openings, providing a raw view of labor market trends.
- Analyzing the 'Not Seasonally Adjusted' data can reveal insights into the underlying dynamics of the U.S. labor market.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the raw, unadjusted number of job openings in the U.S. economy, without accounting for typical seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This series provides a complementary perspective to the seasonally adjusted data, allowing analysts to identify underlying patterns in labor demand that may be obscured by seasonal adjustments.
Q: How is this data collected or calculated?
A: The data is collected through the Job Openings and Labor Turnover Survey (JOLTS) conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess the overall strength of the labor market and guide decisions on economic policies, such as employment, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The 'Not Seasonally Adjusted' series is published monthly, with a typical delay of approximately one month from the end of the reference period.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (LBSNSA38), retrieved from FRED.