Annual
LFPOTTTTEUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
494,996,950.00
Year-over-Year Change
3.52%
Date Range
1/1/2005 - 1/1/2012
Summary
The Annual Economic Trend measures the total labor force participation rate for the United States. This key economic indicator provides insights into the size and composition of the active workforce.
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 Economic Trend represents the proportion of the working-age population that is employed or actively seeking employment. It is a critical measure of labor market health and economic activity.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and analysts use this trend to assess the strength of the labor market and make informed decisions.
Key Facts
- The annual labor force participation rate in the U.S. was 62.2% in 2022.
- The participation rate has declined from its peak of 67.3% in 2000.
- Demographic shifts and economic conditions influence labor force participation.
FAQs
Q: What does this economic trend measure?
A: The Annual Economic Trend measures the percentage of the working-age population that is employed or actively seeking employment 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 and composition of the U.S. labor market, providing valuable insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Annual Economic Trend to assess the health of the labor market, inform decisions on economic policies, and monitor workforce trends.
Q: Are there update delays or limitations?
A: The Annual Economic Trend data is updated monthly with a lag, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Annual (LFPOTTTTEUA647S), retrieved from FRED.