Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Czechia
Quarterly, Seasonally Adjusted
LFHUTTTTCZQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138,666.70
Year-over-Year Change
10.93%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the civilian labor force participation rate in the United States on a quarterly, seasonally adjusted basis. It is a key indicator of 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 civilian labor force participation rate represents the percentage of the civilian noninstitutional population that is either employed or actively seeking employment. This metric provides insight into the overall engagement and utilization of the working-age population in the economy.
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 policymakers, economists, and market analysts to assess the health and dynamics of the U.S. labor market.
Key Facts
- The labor force participation rate was 62.2% in Q2 2022.
- The rate has declined from a peak of 67.3% in early 2000.
- Participation varies by demographic factors such as age and gender.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian, non-institutional population that is either employed or actively seeking employment in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall size and engagement of the working-age population in the economy, providing insight into labor market dynamics and utilization.
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 closely monitored by policymakers, economists, and market analysts to assess the health and dynamics of the U.S. labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUTTTTCZQ647S), retrieved from FRED.