Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 24 Years for Canada
Quarterly, Seasonally Adjusted
LFWA24FECAQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,405,367.00
Year-over-Year Change
12.20%
Date Range
1/1/1976 - 4/1/2025
Summary
This series measures the civilian labor force participation rate for the United States on a quarterly, seasonally adjusted basis. It is a key indicator of the size and engagement of the U.S. 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 civilian labor force participation rate represents the percentage of the civilian noninstitutional population that is in the labor force. This metric is closely watched by economists and policymakers as it reflects the overall strength and availability of the U.S. workforce.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly survey of households conducted by the U.S. Census Bureau.
Historical Context
Labor force participation is a vital input for economic and workforce policy decisions.
Key Facts
- The U.S. labor force participation rate has declined from over 67% in 2000 to around 62% today.
- Women's labor force participation increased dramatically in the late 20th century but has plateaued in recent decades.
- Participation rates vary significantly by age, with younger and older workers having lower rates than prime-age adults.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian population aged 16 and over that is in the labor force, 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 size and engagement of the working-age population, providing insight into the overall health and potential of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) 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: Policymakers and economists closely monitor labor force participation as it informs decisions around employment, workforce development, and macroeconomic policies.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted labor force participation rate data is published by the Federal Reserve with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA24FECAQ647S), retrieved from FRED.