Annual, Not Seasonally Adjusted
LREM64FEO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.30
Year-over-Year Change
6.08%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the labor force participation rate for the civilian population aged 16 and over in the United States. This metric is a key indicator of the health and utilization of the U.S. workforce.
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 proportion of the civilian, non-institutional population aged 16 and over that is either employed or actively seeking work. This metric provides insight into the overall supply of labor in the economy and is closely monitored by policymakers and economists.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is used to assess the strength of the U.S. labor market and helps inform economic and monetary policy decisions.
Key Facts
- The U.S. labor force participation rate has declined from a peak of 67.3% in 2000 to 61.6% in 2022.
- Participation rates are lower for older workers and higher for those with more education.
- The COVID-19 pandemic caused a sharp drop in the labor force participation rate in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the proportion of the civilian, non-institutional population aged 16 and over that is either employed or actively seeking work 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 health and utilization of the U.S. workforce, providing insight into the overall supply of labor in the economy. It is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is used to assess the strength of the U.S. labor market and helps inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag, and there may be revisions to prior periods.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM64FEO1A156S), retrieved from FRED.