Learn More: Employment

Metadata

Variable Definitions:
Labor Force Participation Rate: The percentage of the population over the age of 16 who is in the civilian labor force
Unemployment Rate: The percentage of people in the civilian labor force who are unemployed
Source:
American Community Survey, 5-year estimates, Table S2301
Years Available:
2006-10, 2007-11, 2008-12, 2009-13, 2010-14, 2011-15
Geographic Unit:
Census Tract

Why are these Variables Important to Measure?

Labor Force Participation Rate
The term civilian labor force encompasses all people of working age (16 and over) who live in the United States, including employed people and unemployed people looking for work. The labor force does not include "discouraged workers," people who are unemployed but have given up looking for work, or active military members. 
Understanding the percentage of the working-aged population in the labor force within a community shows the size of the community's workforce and thus its economic potential. It can also be helpful to design government programs, services to boost or maintain employment levels, as well as evaluating and addressing the needs of the people in the community.
Unemployment Rate
The term civilian labor force encompasses all people of working age (16 and over) who live in the United States, including employed people and unemployed people looking for work. The labor force does not include "discouraged workers," people who are unemployed but have given up looking for work, or active military members. 
The percentage of unemployed people in the labor force is essential to understand the level of employment of a community, and thus, a gauge of its economic health. It can also be helpful to design government programs, services to boost or maintain employment levels, as well as evaluating and addressing the needs of the people in the community.

Citation:
"American Community Survey and Puerto Rico Community Survey 2015 Subject Definitions." United States Census Bureau: American Community Survey, 2015. Link 
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