Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 74 Years for Sweden
Annual, Seasonally Adjusted
LFWA74FESEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,737,275.00
Year-over-Year Change
6.31%
Date Range
1/1/2001 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted labor force participation rate for the United States, which is a key economic indicator of workforce engagement.
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 a critical metric for understanding labor market dynamics and the strength of the overall economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and investors to gauge the health of the labor market and the broader economy.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- The rate declined during the Great Recession, reaching a low of 62.4% in 2015.
- As of 2022, the annual, seasonally adjusted labor force participation rate was 62.2%.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted labor force participation rate, which represents the percentage of the civilian population aged 16 and over that is 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 strength and health of the labor market and the broader economy. It provides insights into workforce engagement and is closely monitored by policymakers, economists, and investors.
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.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used by policymakers, central banks, and economists to assess the overall state of the labor market and the economy, and to inform policy decisions related to employment, inflation, and economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months. The annual, seasonally adjusted figure is subject to revisions as new data becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA74FESEA647S), retrieved from FRED.