Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Russia
Quarterly, Not Seasonally Adjusted
LRUN74TTRUQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.29
Year-over-Year Change
-10.48%
Date Range
10/1/1992 - 10/1/2021
Summary
This economic trend measures the civilian labor force participation rate on a quarterly, not seasonally adjusted basis for the United States. It provides insight into overall labor market trends and participation in the workforce.
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 proportion of the civilian non-institutional population that is either employed or actively seeking employment. This metric is closely watched by economists and policymakers to gauge the health and dynamics of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is a key input for economic analysis and policy decisions related to employment and the broader economy.
Key Facts
- The labor force participation rate averaged 62.2% in 2022.
- Participation rates are lower for women than men.
- Participation has declined since the 2000s due to demographic and social factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate on a quarterly, not seasonally adjusted basis for the United States. It represents the proportion 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 health and dynamics of the U.S. labor market, providing insight into overall workforce engagement. It is closely watched by economists and policymakers to inform economic analysis and policy decisions.
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.
Q: How is this trend used in economic policy?
A: The labor force participation rate is a crucial input for economic analysis and policy decisions related to employment, the labor market, and the broader economy. It helps inform assessments of economic conditions and guide policy responses.
Q: Are there update delays or limitations?
A: The quarterly, not seasonally adjusted labor force participation rate data is published by the U.S. Federal Reserve with typical update delays of several weeks following the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN74TTRUQ156N), retrieved from FRED.