Harmonized Unemployment: Monthly Levels: Aged 25 and over: Females for OECD
Quarterly, Seasonally Adjusted
OECDLFHUADFESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,840,662.47
Year-over-Year Change
-34.23%
Date Range
1/1/2007 - 7/1/2023
Summary
This quarterly, seasonally adjusted economic trend measures the level of labor force participation in the United States. It is a key indicator of the health and vitality of the U.S. labor market.
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 represents the percentage of the civilian non-institutional population aged 16 and over that is either employed or actively seeking work. This metric provides insights into workforce dynamics and the willingness of people to participate in the labor market.
Methodology
The data is collected and calculated by the Organization for Economic Cooperation and Development (OECD) using survey responses from U.S. households.
Historical Context
Policymakers and economists closely monitor labor force participation to assess the strength of the economy and the effectiveness of employment policies.
Key Facts
- The U.S. labor force participation rate reached a peak of 67.3% in early 2000.
- Participation has declined since the 2008 financial crisis, reaching 62.4% as of the latest data.
- Aging population and economic conditions are factors influencing long-term participation trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional 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 key indicator of the health and strength of the U.S. labor market, providing insights into workforce dynamics and the willingness of people to participate in the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organization for Economic Cooperation and Development (OECD) using survey responses from U.S. households.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force participation to assess the strength of the economy and the effectiveness of employment policies.
Q: Are there update delays or limitations?
A: The data is updated quarterly, with a delay of several months, and may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (OECDLFHUADFESTSAQ), retrieved from FRED.