Annual
LRIN24TTO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.20
Year-over-Year Change
4.31%
Date Range
1/1/2005 - 1/1/2016
Summary
The Annual trend measures the year-over-year change in the labor force participation rate for the total labor force in the United States. It provides insights into long-term shifts in workforce participation.
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 Annual labor force participation rate tracks the percentage of the working-age population that is either employed or actively seeking work. This metric is closely watched by economists and policymakers as it reflects the underlying strength and availability of human capital in the economy.
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 a key indicator used to assess the health of the U.S. job market and guide economic policy decisions.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- Participation rates have declined since the 2008 financial crisis.
- Aging population and retirement trends are key drivers of declining participation.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year change in the labor force participation rate, which is the percentage of the working-age population 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 crucial indicator of the health and strength of the job market, providing insights into workforce availability and attachment that are vital for economic analysis and policy decisions.
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 used by economists and policymakers to assess the overall strength of the labor market and guide decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The Annual labor force participation rate data is published monthly with a typical delay of 1-2 months from the reference period.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for OECD
OECDLREM64FESTSAQ
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for OECD
OECDLFEAINTTSTQ
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for OECD
OECDLREM64TTSTQ
Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for OECD
OECDLFHUTTFESTSAM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Male: From 25 to 54 Years for OECD
OECDLFIN25MASTQ
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for OECD
OECDLFAC24FESTSAQ
Citation
U.S. Federal Reserve, Annual (LRIN24TTO1A156S), retrieved from FRED.