Civilian Labor Force in Virginia
Annual, Not Seasonally Adjusted
LAUST510000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,585,885.00
Year-over-Year Change
8.87%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures total civilian employment in the United States, providing a snapshot of the national labor market without adjusting for seasonal variations.
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
This data series tracks the total number of employed persons in the civilian labor force, a key indicator of overall economic activity and a measure of the health of the U.S. job market. It is a widely followed metric for economists, policymakers, and market analysts.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Trends in civilian employment are closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. civilian labor force totaled over 160 million in 2022.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- The annual employment trend provides a high-level view of long-term labor market trends.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total number of employed persons in the U.S. civilian labor force, a key indicator of overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and market participants as a barometer of the health and direction of the U.S. job market and broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in civilian employment are monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions aimed at promoting full employment and price stability.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted employment data is subject to revisions and may not reflect the most up-to-date labor market conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST510000000000006A), retrieved from FRED.