Infra-Annual Labor Statistics: Employment: Economic Activity: Agriculture, Forestry and Fishing: Total for Luxembourg
Quarterly, Not Seasonally Adjusted
LFEAAGTTLUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,100.00
Year-over-Year Change
-16.22%
Date Range
4/1/1998 - 1/1/2025
Summary
This trend measures quarterly total labor force participation in the United States. It provides insight into the size and engagement of the American workforce, which is a key economic indicator.
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 quarterly total labor force participation rate tracks the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. This metric offers valuable insights into labor market dynamics and the overall health of the U.S. economy.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and market analysts to assess employment conditions and inform economic decision-making.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- Participation rates declined during the COVID-19 pandemic but have gradually recovered.
- Tracking labor force participation is crucial for understanding economic growth and employment trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work, providing insight into the size and engagement of the American workforce.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key economic indicator that offers valuable insights into labor market dynamics and the overall health of the U.S. economy, making it 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 (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers, economists, and market analysts to assess employment conditions and inform economic decision-making.
Q: Are there update delays or limitations?
A: The data is released quarterly, with occasional delays or revisions due to the nature of the survey-based collection process.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEAAGTTLUQ647N), retrieved from FRED.