Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for Sweden
Annual, Not Seasonally Adjusted
LFWA55TTSEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,271,350.00
Year-over-Year Change
9.27%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the United States. It provides crucial insights into the long-term composition and dynamics 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 annual, not seasonally adjusted labor force participation rate tracks the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. This metric is widely used by economists and policymakers to analyze workforce engagement and labor market trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
The labor force participation rate is a key input for evaluating employment, economic growth, and fiscal/monetary policy decisions.
Key Facts
- The U.S. labor force participation rate reached a peak of 67.3% in 2000.
- Participation rates have declined since the early 2000s, largely due to demographic shifts.
- Women's participation rate has grown significantly since the 1970s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in the United States. It tracks 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 crucial indicator of workforce engagement and economic activity. It provides valuable insights into labor market dynamics that inform economic policymaking and business decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a key input for evaluating employment, economic growth, and fiscal/monetary policy decisions by governments, central banks, and other economic institutions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data is typically published with a short delay by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA55TTSEA647N), retrieved from FRED.