Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for Czechia
Annual, Seasonally Adjusted
LFIN25TTCZA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
429,100.00
Year-over-Year Change
-19.14%
Date Range
1/1/1998 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the total labor force participation rate for the U.S. civilian non-institutional population aged 25 to 54. This metric is a key indicator of the strength and health of the U.S. labor market.
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, Seasonally Adjusted labor force participation rate tracks the percentage of the civilian, non-institutional population aged 25 to 54 who are either employed or actively seeking work. It is widely used by economists and policymakers to assess labor market dynamics and trends in workforce engagement.
Methodology
This data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is a crucial input for economic analysis and policy decisions related to employment, workforce development, and macroeconomic conditions.
Key Facts
- The annual participation rate averaged 82.1% in 2022.
- Participation rates are higher for men than women in this age group.
- The rate declined sharply during the COVID-19 pandemic but has been recovering.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted labor force participation rate tracks the percentage of the civilian, non-institutional population aged 25 to 54 who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the strength and health of the U.S. labor market, providing insights into workforce engagement and economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for economic analysis and policy decisions related to employment, workforce development, and macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and can be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFIN25TTCZA647S), retrieved from FRED.