Labor Force Participation Rate for Indiana
LBSSA18 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.70
Year-over-Year Change
0.00%
Date Range
1/1/1976 - 7/1/2025
Summary
The Labor Force Participation Rate for Indiana measures the percentage of the state's working-age population that is employed or actively seeking work. This metric is a key indicator of the overall health and utilization of Indiana's 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 Labor Force Participation Rate represents the share of the civilian, non-institutional population aged 16 and older that is either employed or unemployed but actively seeking work. It is an important statistic for understanding labor market dynamics and economic conditions within the state of Indiana.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
Policymakers and economists use this rate to assess the strength of Indiana's labor force and identify potential areas for workforce development initiatives.
Key Facts
- Indiana's labor force participation rate was 63.9% in 2021.
- The rate has declined from a peak of 67.7% in 2000.
- Indiana's rate is lower than the national average of 61.6%.
FAQs
Q: What does this economic trend measure?
A: The Labor Force Participation Rate for Indiana measures the percentage of the state's working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the overall health and utilization of Indiana's labor market, providing insights into the state's economic conditions and workforce dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this rate to assess the strength of Indiana's labor force and identify potential areas for workforce development initiatives.
Q: Are there update delays or limitations?
A: The Labor Force Participation Rate for Indiana is updated monthly by the U.S. Bureau of Labor Statistics, with minimal delays.
Related Trends
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Citation
U.S. Federal Reserve, Labor Force Participation Rate for Indiana (LBSSA18), retrieved from FRED.