Employment by Economic Activity: Agriculture: All Persons for the European Union
Annual, Not Seasonally Adjusted
LFEAAGTTEUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,999,600.00
Year-over-Year Change
-26.28%
Date Range
1/1/2000 - 1/1/2019
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the United States. It provides insights into long-term changes in the size and composition of the U.S. labor force.
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 is the percentage of the civilian, non-institutional population that is either employed or actively seeking work. It is a key indicator of the strength and dynamism of the U.S. labor market and economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly survey of households conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the underlying health and potential of the U.S. labor force.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- Participation rates have declined over the past two decades, reflecting demographic shifts and other structural changes.
- Analyzing participation rate trends is crucial for understanding the capacity and potential of the U.S. labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in the United States. It represents the percentage of the civilian, non-institutional population that is either 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 the strength and dynamism of the U.S. labor market and economy. Analyzing trends in participation provides crucial insights into the underlying health and potential of the American workforce.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly survey of households conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the capacity and potential of the U.S. labor force, which informs decisions on economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There may be occasional revisions or adjustments to historical data.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEAAGTTEUA647N), retrieved from FRED.