Quarterly
LFUN64FEO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,146,000.00
Year-over-Year Change
-17.55%
Date Range
1/1/2005 - 4/1/2017
Summary
The 'Quarterly' trend measures the labor force participation rate for the United States on a quarterly basis. This key economic indicator provides insight into the health and dynamics 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 labor force participation rate tracks the percentage of the civilian non-institutional population that is either employed or actively seeking employment. It is an important measure used by economists and policymakers to evaluate the strength and utilization of the U.S. workforce.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The labor force participation rate has declined from a peak of 67.3% in 2000 to around 62% in recent years.
- Factors such as aging population, discouraged workers, and changes in workforce participation can affect the labor force participation rate.
- The labor force participation rate is a key input for calculating the unemployment rate and other labor market metrics.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly' trend measures the labor force participation rate, which is the percentage of the civilian non-institutional population that is either employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a crucial indicator of the health and dynamics of the U.S. labor market, providing insights that inform economic policy decisions.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other economic institutions closely monitor the labor force participation rate to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The 'Quarterly' trend data is released with a short delay, typically within a few weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly (LFUN64FEO1Q647N), retrieved from FRED.