Quarterly, Seasonally Adjusted
LFWA55FEG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50,003,000.00
Year-over-Year Change
2.22%
Date Range
1/1/2005 - 4/1/2017
Summary
This series measures the U.S. civilian labor force participation rate on a quarterly, seasonally adjusted basis. It is a key economic indicator tracked by policymakers to understand labor market dynamics.
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 noninstitutional population aged 16 and over that is either employed or actively seeking work. It is used to assess the strength and availability of the U.S. labor supply.
Methodology
The data is collected through the Current Population Survey by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor labor force participation to gauge economic conditions and guide employment-related policies.
Key Facts
- The labor force participation rate stood at 62.1% in Q4 2022.
- Participation rates are lower than pre-pandemic levels.
- Women have lower participation rates than men.
FAQs
Q: What does this economic trend measure?
A: This series measures the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of labor market strength and the availability of workers, making it essential for policymakers and analysts to understand economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and institutions use this trend to gauge the health of the labor market and guide employment-related policies, such as those aimed at increasing participation or addressing workforce shortages.
Q: Are there update delays or limitations?
A: The data is released quarterly with a brief delay, and may be subject to revisions as additional information becomes available.
Related Trends
Infra-Annual Labor Statistics: Employees Total for G7
G7LFESEETTSTQ
Infra-Annual Labor Statistics: Unemployment Female: 15 Years or over for G7
G7LFUNTTFESTSAQ
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for G7
G7LFEM55TTGPQ
Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: Males for G7
G7LFHUADMASTM
Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for G7
G7LFEACNTTSTQ
Balance of Payments: Financial Account: Liabilities (or Net Incurrence of Liabilities) for G7
G7B6FATD01CXCUQ
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA55FEG7Q647S), retrieved from FRED.