Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Portugal
Quarterly, Not Seasonally Adjusted
LFWA24TTPTQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,096,500.00
Year-over-Year Change
0.74%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures the civilian labor force participation rate in the United States on a quarterly basis without seasonal adjustments. It provides insight into the overall 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 proportion of the civilian noninstitutional population that is either employed or actively seeking employment. This key indicator helps economists and policymakers assess the health and potential of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is a crucial metric used in the formulation of economic and employment policies.
Key Facts
- The U.S. labor force participation rate averaged 62.3% in 2022.
- Participation rates are lower for women compared to men.
- The rate declined significantly during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian noninstitutional population in the United States that is either employed or actively seeking employment, on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the overall health and potential of the U.S. labor market, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population 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 labor force participation rate is used by policymakers and economists to assess the strength of the labor market and inform decisions on economic and employment policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWA24TTPTQ647N), retrieved from FRED.