Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Germany
Annual, Not Seasonally Adjusted
LRHUTTTTDEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.39
Year-over-Year Change
-33.28%
Date Range
1/1/1991 - 1/1/2024
Summary
This economic trend measures the employment-to-population ratio for the working-age population in the United States. It is a key indicator of labor force participation 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 employment-to-population ratio compares the number of employed individuals to the total working-age population. It provides insights into the strength of the labor market and the overall utilization of the workforce.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This metric is widely used by economists, policymakers, and market analysts to assess the health and trends of the U.S. economy.
Key Facts
- The employment-to-population ratio reached a high of 63.4% in 2000.
- The ratio declined during the Great Recession, reaching a low of 58.2% in 2010.
- As of the latest data, the employment-to-population ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: The employment-to-population ratio measures the proportion of the working-age population that is employed. It provides insights into the strength of the labor market and the overall utilization of the workforce.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a key indicator of economic health and labor force participation. It is closely monitored by economists, policymakers, and market analysts to assess the state of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey, which gathers information from a representative sample of households.
Q: How is this trend used in economic policy?
A: The employment-to-population ratio is used by policymakers, central banks, and economic institutions to evaluate the labor market and inform policy decisions related to employment, economic growth, and monetary policy.
Q: Are there update delays or limitations?
A: The employment-to-population ratio data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of about a month. There may be minor revisions to the historical data over time.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRHUTTTTDEA156N), retrieved from FRED.