Quarterly, Seasonally Adjusted
LFWA64FEG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
241,713,000.00
Year-over-Year Change
0.17%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the U.S. labor force participation rate on a quarterly, seasonally adjusted basis. It is a key indicator of the strength and health 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 labor force participation rate tracks the proportion of the civilian noninstitutional population that is either employed or actively seeking work. It is an important metric for economists and policymakers in assessing the overall labor market conditions and potential for economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Historical Context
The labor force participation rate informs fiscal and monetary policy decisions made by the Federal Reserve and Congress.
Key Facts
- The U.S. labor force participation rate was 62.2% as of Q4 2022.
- The rate has declined from a peak of 67.3% in 2000.
- Participation tends to be lower during economic downturns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the U.S. civilian noninstitutional population 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 the strength and health of the U.S. labor market, providing important insights for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through household surveys.
Q: How is this trend used in economic policy?
A: The labor force participation rate informs fiscal and monetary policy decisions made by the Federal Reserve and Congress to promote full employment and economic growth.
Q: Are there update delays or limitations?
A: The data is published quarterly with a brief delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA64FEG7Q647S), retrieved from FRED.