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Labor Force Participation Rate CIVPART

Percent • Monthly • Seasonally Adjusted
Source: FRED | Last updated: 2025-11-20 08:17:04-06 | Range: 1948-01-01 → 2025-09-01

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Trend
Momentum

Trend Heat Strip & Seasonality

YoY Heat Strip

≤ −5% Decline > +5% Growth

Seasonality (Average by Month)

What am I looking at?

What it shows: the average level of the series for each calendar month (Jan…Dec) across the full history.

  • Computation: for each month m, take the mean of all observations whose calendar month = m (all years equally weighted).
  • Interpretation:
    • Not seasonally adjusted (NSA): clear recurring peaks/troughs by month.
    • Seasonally adjusted (SA): should be fairly flat (seasonality already removed).
  • Caveats: uses raw levels, so long-run trend can dominate; best for monthly series. For a relative view, consider a seasonal index (month_mean ÷ overall_mean − 1) or limit to the last N years.

Distribution & Extremes

Histogram of Monthly Changes

Context

Recent Prints

DateValueMoMYoY

Release

Employment Situation
See full release page
Typical schedule and next expected date may vary; check the release page for official timing.

What this measures & how to read it

The series comes from the 'Current Population Survey (Household Survey)'
The source code is: LNS11300000

The Labor Force Participation Rate is defined by the Current Population Survey (CPS) as “the number of people in the labor 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 Labor Force Participation Rate is collected in the CPS and published by the BLS. It is provided on a monthly basis, so this data is used in part by macroeconomists as an initial economic indicator of current labor market trends. The labor force participation rate helps government agencies, financial markets, and researchers gauge the overall health of the economy.

Note that long-run changes in labor force participation may reflect secular economic trends that are unrelated to the overall health of the economy. For instance, demographic changes such as the aging of population can lead to a secular increase of exits from the labor force, shrinking the labor force and decreasing the labor force participation rate.

For more information, see:
U.S. Bureau of Labor Statistics, CES Overview (https://www.bls.gov/web/empsit/cesprog.htm)
U.S. Bureau of Labor Statistics, Concepts and Definitions (CPS) (https://www.bls.gov/cps/definitions.htm#lfpr)

Tip: focus on multi-month trends to reduce noise from seasonality, one-off shocks, and revisions.