Infra-Annual Labor Statistics: Labor Force Female: From 55 to 64 Years for Denmark
Quarterly, Seasonally Adjusted
LFAC55FEDKQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
288,832.80
Year-over-Year Change
5.88%
Date Range
1/1/1999 - 1/1/2025
Summary
This series measures quarterly, seasonally adjusted total civilian labor force participation in the United States. It is a key economic indicator used to assess labor market dynamics and workforce participation trends.
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 civilian labor force participation rate represents the share of the civilian non-institutional population that is either employed or actively seeking work. This metric is closely watched by policymakers, analysts, and economists to gauge the strength and underlying health of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is an important input for economic forecasting, monetary policy decisions, and assessments of labor market slack.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in early 2000.
- Participation has declined from its high, reflecting demographic shifts and other structural factors.
- Fluctuations in the participation rate can significantly impact unemployment rate calculations.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian non-institutional population that is either employed or actively seeking work, on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of labor market health and the size of the available workforce, providing important context for employment, unemployment, and economic growth data.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by policymakers, economists, and analysts to assess labor market dynamics, gauge the strength of the economy, and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted labor force participation data is published with a short lag, typically a few weeks after the end of each quarter.
Related Trends
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC55FEDKQ647S), retrieved from FRED.