Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 25 to 54 Years for Sweden
Annual, Not Seasonally Adjusted
LRAC25TTSEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.05
Year-over-Year Change
1.91%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for persons aged 25 to 54 in the United States. The labor force participation rate is a key indicator of the size and composition of the labor force.
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 25 to 54 that is employed or actively seeking employment. This measure provides insights into the strength and utilization of the working-age population in the U.S. economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The labor force participation rate is widely used by policymakers, economists, and market analysts to assess the health and dynamics of the U.S. labor market.
Key Facts
- The annual, not seasonally adjusted labor force participation rate for persons aged 25 to 54 was 82.2% in 2021.
- The labor force participation rate for this age group reached a peak of 84.6% in 1999 before declining in the following decades.
- Variations in the labor force participation rate can reflect changes in economic conditions, demographic shifts, and policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate for persons aged 25 to 54 in the United States. The labor force participation rate represents the percentage of the civilian noninstitutional population in this age group that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength and utilization of the working-age population in the U.S. economy. It provides insights into labor market dynamics and is widely used by policymakers, economists, and market analysts to assess the health of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a key input for policymakers and economists in assessing the strength and utilization of the working-age population. It helps inform decisions on economic and labor market policies, as well as provide context for interpreting other labor market indicators.
Q: Are there update delays or limitations?
A: The labor force participation rate data is updated monthly, with a typical release lag of around one month. While the data provides a comprehensive view of the U.S. labor market, it may not capture all nuances, such as underemployment or discouraged workers.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRAC25TTSEA156N), retrieved from FRED.