Quarterly
LRUN64TTO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.90
Year-over-Year Change
-21.33%
Date Range
1/1/2005 - 4/1/2017
Summary
The Quarterly trend measures the labor force participation rate for the United States, which is the percentage of the civilian non-institutional population age 16 and over that is working or actively seeking employment.
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 economic indicator used to assess the health and utilization of the U.S. labor market. It provides insight into the supply of available workers and is closely monitored by policymakers and economists.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly survey of households conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate informs monetary and fiscal policy decisions aimed at maximizing employment and economic growth.
Key Facts
- The U.S. labor force participation rate peaked at 67.3% in 2000.
- The rate declined during the Great Recession, reaching a low of 62.4% in 2015.
- The participation rate has gradually increased in recent years, reaching 63.1% as of the latest data.
FAQs
Q: What does this economic trend measure?
A: The Quarterly trend measures the labor force participation rate, which is the percentage of the civilian non-institutional population aged 16 and over that is working 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 labor market health and the available supply of workers, which is crucial information for policymakers, economists, and businesses.
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 labor force participation rate informs monetary and fiscal policy decisions aimed at maximizing employment and promoting economic growth.
Q: Are there update delays or limitations?
A: The Quarterly data is released with a lag, but provides a reliable and comprehensive measure of the U.S. labor force participation rate.
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Citation
U.S. Federal Reserve, Quarterly (LRUN64TTO1Q156N), retrieved from FRED.