Infra-Annual Labor Statistics: Unemployment Male: 15 Years or over for Russia

Seasonally Adjusted

LFUNTTMARUQ647S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,635,915.00

Year-over-Year Change

-14.01%

Date Range

1/1/1999 - 10/1/2021

Summary

The Seasonally Adjusted labor force participation rate measures the share of the civilian non-institutional population aged 16 and over who are employed or actively seeking work. This metric is a key indicator of labor market dynamics and economic conditions.

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 who are either employed or unemployed but actively seeking work. Economists and policymakers monitor this statistic to understand labor market trends and gauge the health of the broader economy.

Methodology

The U.S. Bureau of Labor Statistics collects this data through monthly household surveys.

Historical Context

The labor force participation rate is used to inform economic policy decisions and employment analysis.

Key Facts

  • The U.S. labor force participation rate was 62.1% in March 2023.
  • The participation rate peaked at 67.3% in April 2000.
  • Declining participation can signal economic weakness or demographic shifts.

FAQs

Q: What does this economic trend measure?

A: The Seasonally Adjusted labor force participation rate measures the percentage of the civilian non-institutional 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 labor force participation rate is a key indicator of the health of the labor market and broader economy. It provides insights into employment dynamics and can inform economic policy decisions.

Q: How is this data collected or calculated?

A: The U.S. Bureau of Labor Statistics collects this data through monthly household surveys.

Q: How is this trend used in economic policy?

A: The labor force participation rate is used by economists, policymakers, and analysts to assess the strength of the labor market and broader economic conditions, which can inform policy decisions.

Q: Are there update delays or limitations?

A: The data is published monthly with a relatively short time lag, but may be subject to revisions as more information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Seasonally Adjusted (LFUNTTMARUQ647S), retrieved from FRED.