Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 64 Years for Canada
Quarterly, Not Seasonally Adjusted
LRUN64TTCAQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.97
Year-over-Year Change
36.60%
Date Range
1/1/1976 - 4/1/2025
Summary
This economic trend measures the civilian labor force participation rate in the United States on a quarterly, non-seasonally adjusted basis. It provides insights into the labor market's underlying dynamics and workforce engagement.
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 civilian labor force participation rate represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This metric is a key indicator of the overall health and utilization of the U.S. labor force.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to assess labor market conditions and inform economic and workforce development strategies.
Key Facts
- The labor force participation rate was 62.2% in Q1 2023.
- Participation rates tend to be higher for men than women.
- Rates vary significantly by age, education, and other demographic factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate in the United States on a quarterly, non-seasonally adjusted basis. It represents the percentage of the civilian non-institutional population that is either 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 overall health and utilization of the U.S. labor force. It provides insights into workforce engagement and is closely monitored by policymakers and economists to inform economic and workforce development strategies.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess labor market conditions and inform policy decisions related to employment, workforce development, and economic growth.
Q: Are there update delays or limitations?
A: The quarterly, non-seasonally adjusted labor force participation rate data is published with a lag, typically 1-2 months after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN64TTCAQ156N), retrieved from FRED.