Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 55 to 64 Years for OECD
Not Seasonally Adjusted
OECDLRAC55TTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
67.20
Year-over-Year Change
3.62%
Date Range
7/1/2010 - 1/1/2025
Summary
The 'Not Seasonally Adjusted' trend measures the gross domestic product (GDP) per capita for the United States, before accounting for seasonal variations. It provides a raw, unfiltered view of economic activity.
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
This trend represents the total economic output per person in the U.S., without adjustments for predictable seasonal patterns. It is a key indicator used by economists and policymakers to analyze the underlying health and growth of the national economy.
Methodology
The data is calculated by the OECD based on U.S. GDP and population figures.
Historical Context
Policymakers and analysts often use this unmodified GDP per capita metric to understand the true trajectory of the economy.
Key Facts
- GDP per capita in the U.S. was $63,593 in 2021.
- This metric has grown by an average of 2.3% annually over the past decade.
- Nominal GDP per capita reached a record high in Q4 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the total economic output per person in the United States, without accounting for predictable seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This unmodified GDP per capita metric provides a raw, unfiltered view of economic activity, which is useful for understanding the underlying trajectory of the national economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on U.S. GDP and population figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts often use this unmodified GDP per capita metric to gauge the true state of the economy, beyond the effects of seasonal factors.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short delay, providing a timely but unfiltered representation of economic conditions.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (OECDLRAC55TTSTQ), retrieved from FRED.