Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Sweden
Annual, Not Seasonally Adjusted
LREM24MASEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.58
Year-over-Year Change
8.20%
Date Range
1/1/2001 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the labor force participation rate for males aged 24 and over in the United States. This key economic indicator provides insights into the supply of working-age males in the 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 percentage of the working-age population that is employed or actively seeking work. This trend focuses specifically on male workers aged 24 and above, offering important data on the long-term labor market trends for this demographic.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Economists and policymakers closely monitor labor force participation rates to assess the health and growth potential of the U.S. economy.
Key Facts
- The current labor force participation rate for U.S. males aged 24 and over is 74.8%.
- Male labor force participation has declined from a high of 82.3% in the 1950s.
- Declining participation is attributed to factors like aging population and technological change.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the labor force participation rate for males aged 24 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend offers important insights into the long-term supply of working-age males in the U.S. labor market, which is a key factor in economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor labor force participation rates to assess the health and growth potential of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly with minimal delays, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM24MASEA156N), retrieved from FRED.