Annual, Not Seasonally Adjusted
LFAC55FEG7A647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28,795,000.00
Year-over-Year Change
40.03%
Date Range
1/1/2005 - 1/1/2016
Summary
This series measures the annual, not seasonally adjusted civilian labor force participation rate for the total U.S. population. It provides important insights into the size and composition of the national workforce.
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 percentage of the civilian noninstitutional population that is either employed or actively seeking work. This key economic indicator is closely monitored by policymakers and analysts to assess labor market dynamics and potential inflationary pressures.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
The labor force participation rate is a critical input for economic forecasting and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate has declined from a peak of 67.3% in 2000 to 63.1% in 2022.
- Participation rates are lower for women compared to men and have fallen more sharply since the 2008 financial crisis.
- Demographic shifts, including aging population and declining prime-age male participation, have contributed to the overall decline.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted civilian labor force participation rate for the total U.S. population.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a critical indicator of the size and composition of the national workforce, providing insights into labor market dynamics and potential inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a key input for economic forecasting and monetary policy decisions by the Federal Reserve and other policymakers.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for G7
G7CPGREN01GYM
Consumer Price Index: All items: Total: Total for G7
G7CPALTT01IXNBQ
Balance of Payments: Current Account: Expenditure for G7
G7B6DBTT01CXCUQ
Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for G7
G7LFEM64MAGPQ
Balance of Payments: Services: Balance (Revenue Minus Expenditure) for G7
G7B6BLSE01CXCUQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for G7
G7LRHUADTTSTM
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC55FEG7A647N), retrieved from FRED.