Infra-Annual Labor Statistics: Working-Age Population Female: 15 Years or over for Austria
Annual, Not Seasonally Adjusted
LFWATTFEATA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,939,400.00
Year-over-Year Change
7.84%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the total population in the United States. It is a key indicator of the overall strength and utilization 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 represents the proportion of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. This metric provides insight into the underlying dynamics of the U.S. labor force and workforce participation trends.
Methodology
The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely watched by policymakers, economists, and analysts to assess the health and direction of the U.S. economy.
Key Facts
- The annual, not seasonally adjusted labor force participation rate was 62.1% in 2021.
- Labor force participation has declined from a peak of 67.3% in 2000.
- Participation rates tend to be lower for older workers and higher for prime-working-age adults.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate for the total population in the United States. It represents the share of the civilian non-institutional population 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 key indicator of the overall strength and utilization of the U.S. labor market. It provides insights into underlying workforce dynamics and is closely watched by policymakers, economists, and analysts to assess the health and direction of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) 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, economists, and analysts to inform decisions and assessments related to the health of the U.S. labor market and broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWATTFEATA647N), retrieved from FRED.