Quarterly, Not Seasonally Adjusted
LRUNTTFEO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.90
Year-over-Year Change
-20.27%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic trend measures the civilian labor force participation rate for the United States on a quarterly, not seasonally adjusted basis. It 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 civilian labor force participation rate is a key economic indicator that represents the percentage of the civilian non-institutional population that is either employed or actively seeking employment. This metric is closely monitored by policymakers and analysts to assess the health and utilization of the 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
The labor force participation rate is used to inform economic and policy decisions related to employment, workforce development, and labor market conditions.
Key Facts
- The U.S. labor force participation rate averaged around 63% in 2022.
- Participation rates are lower for certain demographic groups, such as older adults and individuals with disabilities.
- Changes in the labor force participation rate can signal shifts in the overall economic conditions and workforce dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the civilian labor force participation rate, which 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 health and utilization of the labor market, providing insights into workforce dynamics that are crucial for economic and policy decision-making.
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 used by policymakers, economists, and analysts to assess the overall labor market conditions and inform decisions related to employment, workforce development, and economic policies.
Q: Are there update delays or limitations?
A: The labor force participation rate data is published on a quarterly basis, with a potential for minor revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUNTTFEO1Q156N), retrieved from FRED.