Quarterly, Seasonally Adjusted
LRUN24MAO1Q156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.40
Year-over-Year Change
-20.51%
Date Range
1/1/2005 - 4/1/2017
Summary
The Quarterly, Seasonally Adjusted series measures the U.S. labor force participation rate on a quarterly basis, adjusting for seasonal variations. This metric is a key indicator of the health and availability of the working-age population in the 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 either employed or actively seeking work. It is a vital statistic for economists and policymakers to assess the strength and composition of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau and Bureau of Labor Statistics.
Historical Context
The labor force participation rate is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The labor force participation rate was 62.4% in June 2022.
- Participation rates are typically lower for older workers and higher for prime-age adults.
- Labor force participation declined sharply during the COVID-19 pandemic but has been gradually recovering.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series 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 is a key indicator of the health and availability of the working-age population in the labor market, providing important insights for economists and policymakers.
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 and Bureau of Labor Statistics.
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 monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a brief delay, and may be subject to revisions as more information becomes available.
Related Trends
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for OECD
OECDLFEAINTTSTQ
Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 24 Years for OECD
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Balance of Payments: Primary Income: Expenditure for OECD
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Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for OECD
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Monetary Aggregates and Their Components: Broad Money and Components: M3 for OECD
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Infra-Annual Labor Statistics: Inactivity Rate Total: From 15 to 24 Years for OECD
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN24MAO1Q156S), retrieved from FRED.