All Employees: Leisure and Hospitality: Limited-Service Restaurants and Other Eating Places in Colorado
Annual, Not Seasonally Adjusted
SMU08000007072259001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.20
Year-over-Year Change
44.81%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted labor force participation rate in the United States. It provides valuable insights into long-term changes in workforce engagement.
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 annual, not seasonally adjusted labor force participation rate tracks the percentage of the civilian noninstitutional population aged 16 and over that is employed or actively seeking work. It offers a high-level view of workforce dynamics beyond month-to-month fluctuations.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This trend is closely monitored by policymakers and economists to understand broader labor market trends and inform economic policy decisions.
Key Facts
- The U.S. annual labor force participation rate was 63.1% in 2022.
- Participation rates have declined from a high of 67.1% in 2000.
- Lower participation can signal demographic shifts or economic challenges.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted labor force participation rate in the United States, representing the percentage of the civilian population aged 16 and over that is 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 workforce dynamics and labor market health, providing insights into long-term changes in workforce engagement beyond month-to-month fluctuations.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and economists to understand broader labor market trends and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released annually with no significant update delays, providing a comprehensive view of long-term labor force participation.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU08000007072259001A), retrieved from FRED.