Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Austria
Annual, Seasonally Adjusted
LREM25TTATA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.40
Year-over-Year Change
1.27%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the labor force participation rate for the total population aged 25 to 54 in the United States. This metric is crucial for economists and policymakers to assess the strength and health 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 share of the working-age population that is either employed or actively seeking employment. Analyzing trends in this indicator provides important insights into labor market dynamics and labor supply.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend is widely used by the Federal Reserve, government agencies, and economists to inform economic policy decisions.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- The participation rate declined from 66.0% in 2007 to 62.8% in 2015.
- Declining participation can be attributed to an aging population and fewer working-age adults.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the percentage of the working-age population (ages 25-54) that is employed or actively seeking employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the strength and health of the U.S. labor market, providing insights into labor supply and workforce participation.
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: The labor force participation rate is widely used by the Federal Reserve, government agencies, and economists to inform economic policy decisions and assess the overall state of the U.S. labor market.
Q: Are there update delays or limitations?
A: The Annual, Seasonally Adjusted data is published monthly with a short delay, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM25TTATA156S), retrieved from FRED.