All Employees: Financial Activities: Nondepository Credit Intermediation in Minnesota
Annual, Not Seasonally Adjusted
SMU27000005552220001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.60
Year-over-Year Change
-9.59%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures annual, not seasonally adjusted labor force participation rates in the United States. It is a key indicator of the overall health and dynamics 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 annual, not seasonally adjusted labor force participation rate tracks the percentage of the civilian, non-institutional population that is employed or actively seeking work. It is an important metric for understanding long-term trends in workforce participation and engagement.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
Policymakers and economists closely monitor labor force participation to inform economic and workforce development strategies.
Key Facts
- Labor force participation rate averaged 63.1% in 2022.
- Participation rate peaked at 67.3% in 2000.
- Women's participation has increased from 43.3% in 1948 to 57.0% in 2022.
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, which represents the percentage of the civilian, non-institutional population 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 the overall health and dynamics of the U.S. labor market, providing insights into workforce engagement and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force participation to inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force participation rate data is published monthly with a short time lag, providing timely insights into long-term workforce trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU27000005552220001A), retrieved from FRED.