Annual
LFEACNTTG7A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,816,000.00
Year-over-Year Change
-3.53%
Date Range
1/1/2000 - 1/1/2016
Summary
The Annual trend measures the year-over-year change in the labor force participation rate for the U.S. population aged 25-54. This data point is a key indicator of labor market health and workforce 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 annual labor force participation rate for prime-age workers represents the percentage of the 25-54 population that is either employed or actively seeking work. This metric provides insight into labor market dynamics and the size of the working-age population engaged in economic activity.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
Policymakers and economists closely monitor this measure to assess the strength of the labor market and make informed decisions.
Key Facts
- The annual rate reached a high of 83.1% in 2000.
- The rate declined to 80.8% in 2015 due to demographic shifts.
- Maintaining a high participation rate is a key policy goal.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year change in the labor force participation rate for the U.S. population aged 25-54.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into labor market dynamics and the size of the working-age population engaged in economic activity, which is crucial for policymakers and economists.
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: Policymakers and economists closely monitor this measure to assess the strength of the labor market and make informed decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly and published with a short delay, providing timely information on labor force participation trends.
Related Trends
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G7LORSGPRTSTSAM
Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for G7
G7LFWATTTTSTSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for G7
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Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: Males for G7
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Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for G7
G7LFAC24MASTSAQ
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for G7
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Citation
U.S. Federal Reserve, Annual (LFEACNTTG7A647S), retrieved from FRED.