Infra-Annual Labor Statistics: Labor Force Male: From 15 to 74 Years for Luxembourg
Annual, Not Seasonally Adjusted
LFAC74MALUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
182,800.00
Year-over-Year Change
32.49%
Date Range
1/1/2003 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the civilian labor force participation rate for adults aged 25-54 in the United States. This key economic indicator provides insights into labor market dynamics 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 civilian labor force participation rate represents the percentage of the civilian noninstitutional population aged 25-54 that is either employed or actively seeking work. This metric is widely used by economists and policymakers to analyze workforce trends and gauge labor market health.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
The labor force participation rate is a crucial input for assessing the strength of the U.S. economy and informing policy decisions.
Key Facts
- The current annual, not seasonally adjusted labor force participation rate is around 82%.
- Participation rates tend to be higher for men than women in the 25-54 age group.
- Labor force participation has declined since the early 2000s due to demographic and economic factors.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the percentage of the civilian noninstitutional population aged 25-54 that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into labor market dynamics and workforce participation, which are key indicators of economic health and performance.
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 crucial input for assessing the strength of the U.S. economy and informing policy decisions by government, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The data is published monthly with a brief lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC74MALUA647N), retrieved from FRED.