Annual, Not Seasonally Adjusted
LREM24MAG7A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.80
Year-over-Year Change
-6.47%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the United States. It provides insight into long-term trends in 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 is a key indicator of economic health, representing the percentage of the civilian noninstitutional population aged 16 and over that is employed or actively seeking work. This unadjusted annual series offers a broad perspective on workforce participation over time.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and labor market analysts to assess the strength and composition of the U.S. workforce.
Key Facts
- The annual labor force participation rate in the U.S. was 62.2% in 2021.
- Participation rates have declined from a peak of 67.1% in 2000.
- Aging demographics are a key driver of the long-term downward trend.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in the United States. It 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 crucial indicator of economic health and workforce engagement. Monitoring this trend provides insights into long-term patterns of workforce participation that are highly relevant for policymakers, economists, and labor market analysts.
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: This trend is closely monitored by policymakers, economists, and labor market analysts to assess the strength and composition of the U.S. workforce, which informs economic and labor market policies.
Q: Are there update delays or limitations?
A: There may be slight delays in the availability of the most recent annual data, but the series is updated regularly by the U.S. Federal Reserve.
Related Trends
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Labour Force Survey - quarterly levels: Harmonised unemployment - monthly levels: Aged 25 and over: All persons for G7
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM24MAG7A156S), retrieved from FRED.