Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Canada
Monthly, Not Seasonally Adjusted
LRUNTTTTCAM156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.20
Year-over-Year Change
7.46%
Date Range
1/1/1955 - 7/1/2025
Summary
This economic trend measures the total civilian labor force participation rate for the United States on a monthly basis without seasonal adjustments. It provides insight into the overall labor market and labor force dynamics.
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 that represents the proportion of the civilian population aged 16 and over who are either employed or actively seeking employment. This unadjusted metric is useful for analyzing labor market trends and evaluating the health of the economy.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor labor force participation rates to inform economic and workforce development strategies.
Key Facts
- The labor force participation rate was 62.4% in June 2022.
- The participation rate has declined from a peak of 67.3% in early 2000.
- Demographic shifts and economic factors impact labor force participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total civilian labor force participation rate in the United States on a monthly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of economic health and labor market dynamics, providing insights into the overall size and composition of the workforce.
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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force participation rates to inform economic and workforce development strategies, as well as to assess the overall strength of the labor market.
Q: Are there update delays or limitations?
A: The labor force participation rate data is released monthly with the Employment Situation report, with no significant update delays.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LRUNTTTTCAM156N), retrieved from FRED.