Monthly, Not Seasonally Adjusted
LFHUADMAG7M647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,116,000.00
Year-over-Year Change
-10.79%
Date Range
1/1/2004 - 9/1/2017
Summary
The 'Monthly, Not Seasonally Adjusted' trend measures the labor force participation rate for the population aged 16 and over in the United States. This metric is a key indicator of economic health and labor market conditions.
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 represents the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. This data is used by economists and policymakers to assess the strength of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The labor force participation rate stood at 62.4% in March 2023.
- The rate has declined from a peak of 67.3% in January 2000.
- Participation rates tend to be higher for men than women.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the percentage of the civilian noninstitutional population aged 16 and over 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 of the U.S. labor market and overall economic health. It is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey 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 the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one month.
Related Trends
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for G7
G7LFEAICTTSTSAQ
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for G7
G7LREMTTFESTQ
Infra-Annual Labor Statistics: Unemployment Male: From 25 to 54 Years for G7
G7LFUN25MASTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: 15 Years or over for G7
G7LFINTTMASTQ
Infra-Annual Labor Statistics: Employment Male: From 15 to 24 Years for G7
G7LFEM24MAGPQ
Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for G7
G7LORSGPORGYSAM
Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFHUADMAG7M647N), retrieved from FRED.