Quarterly, Not Seasonally Adjusted
LFAC25TTG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
250,706,000.00
Year-over-Year Change
0.78%
Date Range
4/1/2003 - 4/1/2017
Summary
This quarterly, not seasonally adjusted economic trend tracks the U.S. labor force size and participation rate. It provides important insights into the health and dynamics of the American 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 Quarterly, Not Seasonally Adjusted series measures the total U.S. civilian labor force and the labor force participation rate on a quarterly basis without seasonal adjustments. It is a key indicator used by economists and policymakers to assess the current state and long-term trends in the national labor market.
Methodology
The data is collected through the Current Population Survey (CPS), a joint effort by the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
This trend informs economic and policy decisions related to employment, workforce development, and macroeconomic performance.
Key Facts
- The U.S. civilian labor force totaled over 164 million as of the latest quarter.
- The labor force participation rate was 62.2% in the most recent quarter.
- Quarterly labor force data is not seasonally adjusted to reflect underlying trends.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total size of the U.S. civilian labor force as well as the labor force participation rate on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The labor force size and participation rate are crucial indicators of the health and dynamics of the American workforce, informing economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a joint effort by the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend provides valuable insights into employment, workforce development, and broader macroeconomic performance, informing decisions by policymakers and economists.
Q: Are there update delays or limitations?
A: The data is released quarterly without seasonal adjustments, which may limit direct comparisons to other labor market indicators.
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 25 to 54 Years for G7
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC25TTG7Q647N), retrieved from FRED.