Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 74 Years for Portugal
Annual, Seasonally Adjusted
LRIN74TTPTA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.30
Year-over-Year Change
-12.17%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic indicator measures the annual, seasonally adjusted labor force participation rate in the United States. It provides important insights into the overall strength and trends in 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 labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over that is employed or actively seeking employment. This metric is widely used by economists and policymakers to assess the health and dynamics of the U.S. workforce.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly household surveys.
Historical Context
The labor force participation rate is a key input for economic and policy decisions related to employment, wages, and macroeconomic conditions.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- Women's participation rate has increased from 43.3% in 1950 to 57.4% in 2021.
- The aging of the Baby Boomer generation has contributed to a declining participation rate since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: The annual, seasonally adjusted labor force participation rate represents the percentage of the civilian non-institutional population aged 16 and over 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 strength and dynamics of the U.S. labor market, providing important insights for economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly household surveys.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a critical input for economic and policy decisions related to employment, wages, and overall macroeconomic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical delay of 1-2 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRIN74TTPTA156S), retrieved from FRED.