Quarterly, Not Seasonally Adjusted
LFAC24MAG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,298,000.00
Year-over-Year Change
0.41%
Date Range
4/1/2003 - 4/1/2017
Summary
This economic indicator tracks the quarterly employment-to-population ratio for adults aged 24-54, providing insight into the strength of the prime-age labor force.
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 employment-to-population ratio measures the proportion of the working-age population that is employed. This metric offers a comprehensive view of labor market conditions and is a key indicator used by policymakers and economists to assess economic performance.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in the prime-age employment-to-population ratio are closely monitored for their implications on economic growth, inflation, and policy decisions.
Key Facts
- The prime-age employment-to-population ratio reached a high of 81.9% in 2000.
- The ratio declined sharply during the Great Recession, reaching a low of 74.8% in 2010.
- As of 2022, the prime-age employment-to-population ratio has recovered to 79.3%.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the proportion of the prime-age population (ages 24-54) that is employed, providing insight into the strength of the core labor force.
Q: Why is this trend relevant for users or analysts?
A: The prime-age employment-to-population ratio is a comprehensive measure of labor market conditions and a key indicator used by policymakers and economists to assess economic performance and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in the prime-age employment-to-population ratio are closely monitored for their implications on economic growth, inflation, and policy decisions made by central banks, governments, and other economic institutions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a typical delay of several weeks following the end of the reference period.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for G7
G7LREM64FESTSAQ
Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 64 Years for G7
G7LFWA64FESTQ
Infra-Annual Labor Statistics: Unemployment Total: From 55 to 64 Years for G7
G7LFUN55TTSTSAQ
Infra-Annual Labor Statistics: Employment Female: 15 Years or over for G7
G7LFEMTTFEGPQ
Infra-Annual Labor Statistics: Unemployment Female: From 55 to 64 Years for G7
G7LFUN55FESTQ
Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for G7
G7LFWATTTTSTSAQ
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC24MAG7Q647N), retrieved from FRED.