Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Canada
Annual, Not Seasonally Adjusted
LREM64TTCAA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.68
Year-over-Year Change
3.48%
Date Range
1/1/1976 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the United States. It provides insights into the overall size and composition of the U.S. labor force.
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 tracks the percentage of the civilian noninstitutional population aged 16 and older who are employed or actively seeking work. This metric is a key indicator of labor market health and economic activity.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and economists closely monitor this trend to assess labor market conditions and inform economic policies.
Key Facts
- The U.S. labor force participation rate averaged around 63% in recent years.
- Participation rates tend to decline during economic recessions and recover during expansions.
- Women's labor force participation has increased significantly over the past several decades.
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, which represents the percentage of the civilian population aged 16 and older 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 labor market health and economic activity, providing insights into the overall size and composition of the U.S. workforce.
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: Policymakers and economists closely monitor this trend to assess labor market conditions and inform economic policies, such as employment, taxation, and social welfare programs.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published monthly with a lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM64TTCAA156N), retrieved from FRED.