Annual, Not Seasonally Adjusted
LFAC64FEO1A647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
264,003,000.00
Year-over-Year Change
10.84%
Date Range
1/1/2005 - 1/1/2016
Summary
The Annual, Not Seasonally Adjusted economic trend measures the civilian labor force in the United States. This data is crucial for economists and policymakers to understand labor market dynamics 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
This economic series represents the total civilian labor force, which includes all employed and unemployed individuals aged 16 and over. It provides an important snapshot of the size and composition of the U.S. workforce, without adjusting for seasonal fluctuations.
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 labor force participation rate is a key indicator used by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The U.S. civilian labor force totaled over 163 million in 2021.
- Labor force participation reached a low of 60.2% during the COVID-19 pandemic.
- Women make up approximately 47% of the total U.S. civilian labor force.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted series measures the total civilian labor force in the United States, including both employed and unemployed individuals aged 16 and over.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding the size and composition of the U.S. workforce, which is a key indicator used by economists and policymakers to inform decisions about monetary policy, fiscal policy, and labor market interventions.
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 labor force participation rate derived from this data is a key indicator used by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted data is published with a one-month lag and does not account for seasonal fluctuations in the labor force.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC64FEO1A647N), retrieved from FRED.