Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 24 Years for G7
Seasonally Adjusted
G7LFWA24FESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42,168,000.00
Year-over-Year Change
3.49%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Seasonally Adjusted' trend measures the U.S. employment-to-population ratio, a key labor market indicator that adjusts for seasonal variations. It provides essential insights into economic performance and workforce participation.
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 employment-to-population ratio tracks the percentage of the civilian non-institutional population aged 16 and over who are employed. Seasonal adjustment removes recurring calendar-related fluctuations, offering a clearer view of underlying trends.
Methodology
The data is collected through the Current Population Survey and adjusted using the X-13ARIMA-SEATS seasonal adjustment method.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to gauge the health of the U.S. labor market and broader economic conditions.
Key Facts
- The employment-to-population ratio reached a record high of 64.7% in April 2000.
- The ratio declined sharply during the 2008-2009 recession, dropping to 58.5% in December 2009.
- As of the latest data, the seasonally adjusted employment-to-population ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: The 'Seasonally Adjusted' trend measures the percentage of the U.S. civilian population aged 16 and over who are employed, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health of the U.S. labor market and broader economic conditions, helping policymakers and analysts assess workforce participation and identify underlying employment trends.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey and adjusted using the X-13ARIMA-SEATS seasonal adjustment method.
Q: How is this trend used in economic policy?
A: The seasonally adjusted employment-to-population ratio is closely monitored by the Federal Reserve, economists, and market analysts to inform monetary policy decisions and assess the overall strength of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of around one month. There are no known significant limitations to the data collection or seasonal adjustment methodology.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (G7LFWA24FESTSAQ), retrieved from FRED.