Annual, Not Seasonally Adjusted
LFAC55TTO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95,819,000.00
Year-over-Year Change
40.79%
Date Range
1/1/2005 - 1/1/2016
Summary
This trend measures the total labor force of the U.S. over time, without adjusting for seasonal variations. It provides key insights into the size and composition of the national 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 U.S. labor force, not seasonally adjusted, represents the total number of people aged 16 and older who are employed or actively seeking work. This metric is a fundamental indicator of economic activity and labor market conditions.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor this labor force trend to understand labor market dynamics and inform economic policies.
Key Facts
- The U.S. labor force totaled over 164 million people in 2022.
- The labor force participation rate was 62.2% in 2022.
- The size of the U.S. labor force has grown by over 20% since 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 16 and older in the United States who are either employed or actively seeking work, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The total U.S. labor force is a fundamental indicator of economic activity and labor market conditions, providing important insights for policymakers, economists, and market analysts.
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: Policymakers and economists closely monitor this labor force trend to understand labor market dynamics and inform economic policies, such as employment, education, and workforce development initiatives.
Q: Are there update delays or limitations?
A: The labor force data is updated monthly and is subject to revisions as additional information becomes available.
Related Trends
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Infra-Annual Labor Statistics: Employment Female: From 55 to 64 Years for OECD
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Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for OECD
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Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for OECD
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Infra-Annual Labor Statistics: Unemployment Total: From 25 to 54 Years for OECD
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Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for OECD
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC55TTO1A647S), retrieved from FRED.