Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Denmark
Annual, Not Seasonally Adjusted
LFAC25TTDKA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,009,450.00
Year-over-Year Change
4.01%
Date Range
1/1/1999 - 1/1/2024
Summary
This economic trend measures the total labor force of the United States on an annual, not seasonally adjusted basis. It provides important insights into the size and composition of the U.S. workforce.
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 labor force is a key economic indicator that represents the number of people employed or actively seeking employment. Analyzing trends in the total labor force helps economists and policymakers understand workforce dynamics and labor market conditions.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The total labor force data is widely used to inform economic and workforce development policies.
Key Facts
- The U.S. total labor force reached a record high of over 165 million in 2019.
- The labor force participation rate was 63.4% in 2021, down from 63.7% in 2020.
- Women make up approximately 47% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people in the U.S. who are employed or actively seeking employment, on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The total labor force is a key indicator of the size and composition of the U.S. workforce, which is essential for understanding economic and labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The total labor force data is widely used by economists, policymakers, and institutions to inform workforce development, employment, and economic policies.
Q: Are there update delays or limitations?
A: The total labor force data is published annually with a short time lag, and may be subject to revisions based on updated survey information.
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DDOM01DKA644NWDB
Infra-Annual Labor Statistics: Employment Rate Female: 15 Years or over for Denmark
LREMTTFEDKA156S
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CP0212DKM086NEST
Harmonized Index of Consumer Prices: Overall Index Excluding Seasonal Food for Denmark
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC25TTDKA647N), retrieved from FRED.