Infra-Annual Labor Statistics: Employment Rate Total: 15 Years or over for Luxembourg
Quarterly, Not Seasonally Adjusted
LREMTTTTLUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.60
Year-over-Year Change
-0.51%
Date Range
4/1/1999 - 1/1/2025
Summary
This U.S. economic trend measures the civilian labor force participation rate on a quarterly, not seasonally adjusted basis. It is a key indicator of labor market health and economic activity.
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 tracks the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. It provides insights into labor market dynamics and the overall size of the available workforce.
Methodology
This data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by policymakers, economists, and analysts to assess the strength of the U.S. economy.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in 2022.
- Participation rates are lower for women compared to men.
- Rates vary significantly by age, education, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate, which is the percentage of the civilian noninstitutional population aged 16 and over that is either 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 the overall size of the available workforce, providing insights into economic activity and dynamics.
Q: How is this data collected or calculated?
A: This data is collected through the Current Population Survey administered 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, economists, and analysts to assess the strength of the U.S. economy and inform economic policies and decision-making.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published quarterly with a short delay, and may be subject to revisions and limitations inherent in survey-based estimates.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREMTTTTLUQ156N), retrieved from FRED.