Quarterly, Seasonally Adjusted
LFUN64TTG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,358,000.00
Year-over-Year Change
-20.35%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the Labor Force Participation Rate for the United States on a quarterly, seasonally adjusted basis. It is a key indicator of the health and utilization 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 represents the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. It is a closely watched metric for understanding labor market dynamics and assessing the overall strength of the economy.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey and calculated by the Bureau of Labor Statistics.
Historical Context
The Labor Force Participation Rate is used by policymakers, economists, and analysts to gauge the level of economic activity and labor market conditions.
Key Facts
- The U.S. Labor Force Participation Rate averaged 62.1% in 2022.
- The rate reached its highest level of 67.3% in 2000.
- Participation rates have declined since the 2008 financial crisis.
FAQs
Q: What does this economic trend measure?
A: The Labor Force Participation Rate measures the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The Labor Force Participation Rate is a key indicator of the health and utilization of the U.S. labor market, providing insight into the overall strength of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey and calculated by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Labor Force Participation Rate is used by policymakers, economists, and analysts to gauge the level of economic activity and labor market conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Labor Force Participation Rate, Quarterly, Seasonally Adjusted (LFUN64TTG7Q647S), retrieved from FRED.