FRED Graph

Notes

Manufacturing Sector: Real Sectoral Output for All Workers (OUTMS)

Source: U.S. Bureau of Labor Statistics

Units: Index 2017=100, Seasonally Adjusted

Frequency: Quarterly

Notes:

Effective February 5, 2004, Productivity and Cost measures for the manufacturing sector
are now reported using the 2002 North American Industry Classification System (NAICS).
Because of the reclassification, these measures are not directly comparable with
manufacturing measures published on or before Dec. 3, 2003.

For further information, please visit the Bureau Of Labor Statistics web
site at https://www.bls.gov/lpc/

Suggested Citation:

U.S. Bureau of Labor Statistics, Manufacturing Sector: Real Sectoral Output for All Workers [OUTMS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/OUTMS, .

Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for United States (LFWA64TTUSM647S)

Source: Organization for Economic Co-operation and Development

Release: Main Economic Indicators

Units: Persons, Seasonally Adjusted

Frequency: Monthly

Notes:

OECD Data Filters:
REF_AREA: USA
MEASURE: WAP
UNIT_MEASURE: PS
TRANSFORMATION: _Z
ADJUSTMENT: Y
SEX: _T
AGE: Y15T64
ACTIVITY: _Z
FREQ: M

All OECD data should be cited as follows: OECD (year), (dataset name), (data source) DOI or https://data-explorer.oecd.org/. (accessed on (date)).

Suggested Citation:

Organization for Economic Co-operation and Development, Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for United States [LFWA64TTUSM647S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/LFWA64TTUSM647S, .

Labor Force Participation Rate (CIVPART)

Source: U.S. Bureau of Labor Statistics

Release: Employment Situation

Units: Percent, Seasonally Adjusted

Frequency: Monthly

Notes:

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
U.S. Bureau of Labor Statistics, Concepts and Definitions (CPS)

Suggested Citation:

U.S. Bureau of Labor Statistics, Labor Force Participation Rate [CIVPART], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CIVPART, .