Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: 15 Years or over for Israel
Annual, Not Seasonally Adjusted
LFINTTMAILA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,199,200.00
Year-over-Year Change
41.23%
Date Range
1/1/1995 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted labor force participation rate for individuals ages 15-64 in the United States. It is a key indicator of the size and composition of the working-age population.
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 working-age population that is employed or actively seeking work. This metric is closely watched by policymakers and analysts to assess labor market conditions and trends in workforce engagement.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
The labor force participation rate is used to evaluate the strength of the economy and can inform policy decisions related to employment, workforce development, and social programs.
Key Facts
- The U.S. labor force participation rate was 63.1% in 2021.
- Participation rates are lower for older workers and those with disabilities.
- The participation rate declined during the COVID-19 pandemic but has since partially recovered.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the working-age population (ages 15-64) that is employed or actively seeking work in the United States.
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 labor market and overall economic conditions. It helps policymakers and analysts assess workforce engagement and labor supply.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by the Federal Reserve and other policymakers to inform decisions on employment, workforce development, and social programs.
Q: Are there update delays or limitations?
A: The labor force participation data is updated monthly and has a short delay, typically 1-2 months. The annual, not seasonally adjusted series may be subject to revisions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFINTTMAILA647N), retrieved from FRED.