Annual, Not Seasonally Adjusted
LFAC64TTO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
591,181,000.00
Year-over-Year Change
7.73%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted civilian labor force participation rate for the United States. It provides insights into workforce participation and labor market 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 percentage of the civilian non-institutional population that is either employed or actively seeking employment. This metric is a key indicator of labor market conditions and workforce dynamics.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
The labor force participation rate is used by policymakers, economists, and analysts to assess the health and utilization of the U.S. labor market.
Key Facts
- The U.S. labor force participation rate averaged 62.8% in 2022.
- Participation rates are lower for women compared to men.
- The rate has declined since the early 2000s due to demographic shifts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted civilian labor force participation rate for the United States. It represents the percentage of the working-age population that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and utilization of the U.S. labor market. It provides insights into workforce dynamics and is used by policymakers, economists, and analysts to assess labor market conditions.
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: The labor force participation rate is used by policymakers, economists, and market analysts to monitor labor market conditions and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly by the U.S. Bureau of Labor Statistics. There may be minor delays in publishing the most recent figures.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC64TTO1A647S), retrieved from FRED.