Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Canada
Monthly, Not Seasonally Adjusted
LRUN24TTCAM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.10
Year-over-Year Change
4.86%
Date Range
1/1/1976 - 7/1/2025
Summary
This economic trend measures the U.S. labor force participation rate on a monthly basis without seasonal adjustments. It provides important insights into the health and dynamics of 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 is a key indicator of the size and composition of the U.S. working-age population actively engaged in the labor market. It is closely watched by economists and policymakers to assess employment trends and gauge the strength of the overall economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The participation rate is a critical input for economic analysis and decision-making by the Federal Reserve, Congress, and other institutions.
Key Facts
- The U.S. labor force participation rate averaged 62.2% in 2022.
- The participation rate peaked at 67.3% in early 2000.
- Declining participation is linked to demographic shifts and evolving work patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the U.S. labor force participation rate, which represents the share of the working-age population that is employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a critical indicator of the strength and dynamics of the U.S. labor market, providing insights into employment, economic growth, and workforce trends.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The participation rate is closely monitored by the Federal Reserve, Congress, and other institutions to assess the health of the labor market and inform economic policymaking.
Q: Are there update delays or limitations?
A: The labor force participation rate data is released monthly with minimal delays, providing timely insights into the evolving U.S. labor market.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRUN24TTCAM156N), retrieved from FRED.