Infra-Annual Labor Statistics: Employment Rate Total: From 25 to 54 Years for Denmark
Annual, Not Seasonally Adjusted
LREM25TTDKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.68
Year-over-Year Change
2.79%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the U.S. economy. It provides important insights into labor market dynamics and workforce trends.
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 annual, not seasonally adjusted labor force participation rate tracks the percentage of the civilian non-institutional population aged 16 and over who are either employed or actively seeking work. This metric is a key indicator of economic health and labor market conditions.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
The labor force participation rate is closely monitored by economists, policymakers, and financial analysts.
Key Facts
- The U.S. labor force participation rate was 62.2% in 2022.
- Participation rates declined during the COVID-19 pandemic but have since partially recovered.
- Labor force participation is influenced by demographic shifts, economic conditions, and policy changes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate, which represents the percentage of the civilian non-institutional population aged 16 and over who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of economic health and labor market conditions, providing insights into workforce trends and the overall strength of the economy.
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: The labor force participation rate is closely monitored by economists, policymakers, and financial analysts to assess the state of the labor market and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data is published by the Federal Reserve with a relatively short delay, typically within a few months of the end of the reference year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM25TTDKA156N), retrieved from FRED.