Population (LFS Basis): All Ages: Females for Luxembourg
Annual, Seasonally Adjusted
LFPOTTFELUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
258,050.00
Year-over-Year Change
15.46%
Date Range
1/1/2003 - 1/1/2013
Summary
This trend measures the U.S. labor force participation rate for the total civilian noninstitutional population. It provides insight into the size and composition of the labor force, a key economic indicator.
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 tracks the percentage of the civilian noninstitutional population aged 16 and over who are either employed or actively seeking work. It is a widely followed metric for assessing the strength and availability of the U.S. labor supply.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to evaluate the overall health of the labor market and inform economic and workforce development decisions.
Key Facts
- The U.S. labor force participation rate was 62.3% in 2022.
- Participation rates are lower for older workers and those with disabilities.
- The rate declined sharply during the COVID-19 pandemic but has been recovering.
FAQs
Q: What does this economic trend measure?
A: The labor force participation rate tracks the percentage of the civilian noninstitutional population aged 16 and over who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The participation rate is a key indicator of the strength and availability of the U.S. labor supply, providing insights that inform economic and workforce development decisions.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the overall health of the labor market and inform decisions related to employment, workforce development, and economic policy.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with a relatively short lag, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate - Total (LFPOTTFELUA647S), retrieved from FRED.