Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Luxembourg
Quarterly, Seasonally Adjusted
LRUN74TTLUQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.49
Year-over-Year Change
49.16%
Date Range
1/1/2007 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the total civilian labor force participation rate in the United States. This key economic indicator provides insights into labor market dynamics and workforce participation.
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 Quarterly, Seasonally Adjusted labor force participation rate tracks the percentage of the civilian noninstitutional population aged 16 and over that is either employed or actively seeking work. It is a crucial metric for economists and policymakers to assess the health and utilization of the U.S. labor market.
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
The labor force participation rate is widely used to analyze workforce trends and inform economic and employment policies.
Key Facts
- The U.S. labor force participation rate was 62.2% as of the latest quarter.
- Participation rates vary significantly by demographic factors such as age and gender.
- Labor force participation is a key driver of economic growth and productivity.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted labor force participation rate measures the percentage of the civilian 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 crucial indicator of the health and utilization of the U.S. labor market, providing insights into workforce dynamics that inform economic and employment policies.
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: The labor force participation rate is widely used by economists, policymakers, and institutions to analyze workforce trends and inform decisions on economic and employment policies.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted labor force participation rate data is published on a regular basis with minimal update delays, providing timely insights into the U.S. labor market.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRUN74TTLUQ156S), retrieved from FRED.