Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for United States
LRAC64TTUSQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.97
Year-over-Year Change
1.35%
Date Range
1/1/1977 - 4/1/2025
Summary
The Labor Force Participation Rate (LFPR) measures the percentage of the civilian working-age population that is employed or actively seeking work. This economic indicator provides insights into labor market dynamics and 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 LFPR Total: From 15 to 64 Years for the United States tracks the labor force participation rate for the civilian population aged 15 to 64. This metric is widely used by economists and policymakers to analyze workforce trends, labor market health, and potential economic growth.
Methodology
The LFPR data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The LFPR is a key input for evaluating the strength of the U.S. labor market and informing economic and workforce policies.
Key Facts
- The LFPR reached a high of 67.3% in early 2000.
- The LFPR dropped significantly during the Great Recession, reaching a low of 62.4% in 2015.
- The LFPR has been trending upward since 2015 but remains below pre-recession levels.
FAQs
Q: What does this economic trend measure?
A: The Labor Force Participation Rate (LFPR) measures the percentage of the civilian working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The LFPR provides valuable insights into labor market dynamics, workforce engagement, and potential economic growth, making it a key indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The LFPR data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The LFPR is a crucial input for evaluating the strength of the U.S. labor market and informing economic and workforce policies.
Q: Are there update delays or limitations?
A: The LFPR data is published monthly with minimal delays, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 15 to 64 Years for United States (LRAC64TTUSQ156S), retrieved from FRED.