Growth Rate Previous Period, Quarterly, Seasonally Adjusted
LFEMTTMAG7Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.22
Year-over-Year Change
-32.93%
Date Range
4/1/2003 - 4/1/2017
Summary
The Growth Rate Previous Period, Quarterly, Seasonally Adjusted tracks the quarter-over-quarter change in the U.S. labor force participation rate. This metric is a key indicator of the health and dynamics of the American workforce.
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
This economic trend measures the percent change in the U.S. labor force participation rate from the previous quarter, with seasonal factors removed. It provides insight into the pace of change in the size and composition of the working-age population engaged in the labor market.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on the Current Population Survey.
Historical Context
Economists and policymakers closely monitor this metric to assess the strength of the labor market and broader economic conditions.
Key Facts
- The U.S. labor force participation rate was 62.4% as of the latest quarter.
- Quarterly growth in the participation rate averaged 0.2% over the past year.
- Labor force participation is a critical driver of overall economic output.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the quarter-over-quarter percent change in the U.S. labor force participation rate, which represents the share of the working-age population that is 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 health and dynamics of the American workforce, providing insight into the strength of the labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on the Current Population Survey.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to assess the state of the labor market and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month, providing timely but not real-time insights into labor force dynamics.
Related Trends
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G7NAEXKP04GPSAQ
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product - Total for G7
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Composite Leading Indicators: Reference Series (GDP) Ratio to Trend for G7
G7LORSGPRTSTSAM
Sales: Retail trade: Total retail trade: Volume for G7
G7SLRTTO01GYSAM
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for G7
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for G7
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (LFEMTTMAG7Q657S), retrieved from FRED.