Annual, Not Seasonally Adjusted
LRIN64TTO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.40
Year-over-Year Change
-6.58%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate for the U.S. civilian non-institutional population age 16 and over. It is a key indicator of the size and composition of the domestic 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 represents the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. This metric provides insight into the availability of workers and is used by economists and policymakers to analyze labor market dynamics.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions.
Key Facts
- The U.S. labor force participation rate averaged 62.1% in 2022.
- Participation rates are lower for older workers and women.
- The rate has declined since the early 2000s due to demographic and economic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional 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 provides insight into the size and composition of the domestic labor force, which is a crucial indicator for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household 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 the Federal Reserve and other economic institutions to inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a slight delay, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRIN64TTO1A156S), retrieved from FRED.