Infra-Annual Labor Statistics: Monthly Unemployment Total: From 15 to 24 Years for G7
Monthly, Not Seasonally Adjusted
G7LFHU24TTSTM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,616,600.00
Year-over-Year Change
4.41%
Date Range
1/1/1991 - 5/1/2025
Summary
This economic trend measures the total civilian labor force in the United States. It provides important insights into the size and composition of the U.S. workforce, which is a key indicator of economic activity and labor market conditions.
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 total civilian labor force represents the number of people aged 16 and older who are employed or actively seeking work. This metric is widely used by economists and policymakers to assess the overall strength and utilization of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The civilian labor force trend is closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Key Facts
- The U.S. civilian labor force reached a record high of over 165 million in 2022.
- The labor force participation rate, which measures the active workforce as a percentage of the civilian population, was 62.2% in 2022.
- Women make up approximately 47% of the total U.S. civilian labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 16 and older who are employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the civilian labor force is a crucial indicator of the overall strength and utilization of the U.S. labor market, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The civilian labor force trend is closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The civilian labor force data is published monthly by the U.S. Bureau of Labor Statistics, with minimal update delays.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (G7LFHU24TTSTM), retrieved from FRED.