Quarterly, Seasonally Adjusted
LFAC55TTG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64,013,000.00
Year-over-Year Change
6.07%
Date Range
1/1/2005 - 4/1/2017
Summary
This trend measures the quarterly, seasonally adjusted labor force participation rate for the United States. It is a key indicator of economic health and workforce participation.
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 percentage of the civilian noninstitutional population that is either employed or actively seeking employment. It is a widely tracked metric for understanding the state of the labor market and workforce engagement.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and market analysts to gauge the strength of the economy and inform decisions.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in early 2000.
- Participation rate has declined from over 66% in 2007 to around 62% in recent years.
- Demographic shifts, such as aging population, contribute to longer-term participation trends.
FAQs
Q: What does this economic trend measure?
A: The quarterly, seasonally adjusted labor force participation rate represents the percentage of the civilian noninstitutional population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of economic health and workforce engagement, closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population 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 informs decisions by policymakers, economists, and market analysts regarding the strength of the economy and labor market conditions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay to allow for seasonal adjustments.
Related Trends
Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: Females for G7
G7LFHUADFESTSAM
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
G7PRINTO01IXOBSAM
Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for G7
G7LREMTTTTSTSAQ
Balance of Payments: Current Account: Revenue for G7
G7B6CRTT01CXCUQ
Infra-Annual Labor Statistics: Employment Total: 15 Years or over for G7
G7LFEMTTTTSTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for G7
G7LFIN25TTSTQ
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC55TTG7Q647S), retrieved from FRED.