This visualisation shows the labour force participation rate for the U.S. economy. This data series can be overlayed with other data series, such as employment rate, S&P 500 index, or other asset classes to get a better understanding of the other macroeconomic indicators and the underlying health of the economy. The labour force participation rate is defined by the Current Population Survey (CPS) as “the number of people in the labour force as a percentage of the civilian noninstitutional population. The participation rate is the percentage of the population that is either working or actively looking for work.”
The labour force participation rate is collected in the CPS and published by the BLS. It is provided monthly, so macroeconomists partly use this data as an initial economic indicator of current labour market trends.
The labour force participation rate normally dips during periods of recession and has been gradually declining over the course of many years. However, the decline can also be attributed to other factors such as automation and other political and demographic changes like wars and the aging population respectively.
We kindly inform you that you have reached the free views limit. But worry not! By creating an account, you can unlock this exclusive content
by automatically subscribing to a
6-month free trial (No credit card required)!
Don't miss out on this incredible opportunity to enhance your trading strategy and make informed decisions. Subscribe today and embark on a journey of profitable investment strategy!
Your strategy has successfully completed. Thank you for putting your trust in us to help you navigate your journey.
Dive deep into your strategy's performance and explore opportunities for further growth.
