Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Denmark
Annual, Not Seasonally Adjusted
LREM64TTDKA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.23
Year-over-Year Change
8.73%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted civilian labor force participation rate for the United States. It is a key indicator of the health and dynamics 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 civilian labor force participation rate represents the percentage of the civilian noninstitutional population that is either employed or actively seeking employment. This metric is closely tracked by economists and policymakers to understand workforce trends and labor market conditions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is used to inform economic and workforce policies.
Key Facts
- The U.S. labor force participation rate was 62.1% in 2022.
- The participation rate has declined from a peak of 67.3% in 2000.
- Women's participation rate is lower than men's, at 57.0% vs. 67.6% in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted civilian labor force participation rate in the United States. It represents the percentage of the working-age population that is employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of the health and dynamics of the U.S. labor market. It provides insight into workforce trends and is used by economists and policymakers to inform economic and workforce policies.
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 closely monitored by policymakers and economists to understand the strength of the labor market and inform decisions around employment, workforce development, and other economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, providing timely insight into labor market trends. However, the not seasonally adjusted nature of the data may limit its usefulness for short-term analysis.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LREM64TTDKA156N), retrieved from FRED.