Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Canada
Monthly, Not Seasonally Adjusted
LFAC64TTCAM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,671,900.00
Year-over-Year Change
1.71%
Date Range
1/1/1976 - 7/1/2025
Summary
This trend measures the number of private employees in the accommodation sector in the U.S. on a monthly basis without seasonal adjustments. It provides insights into the labor market and economic activity in the hospitality industry.
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 'Monthly, Not Seasonally Adjusted' employment series for the accommodation sector tracks the number of private employees working in hotels, motels, and other lodging establishments across the United States. This metric offers a timely and granular view of employment trends in a key service industry.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by economists, policymakers, and industry analysts to monitor labor market conditions and evaluate the health of the hospitality sector.
Key Facts
- The accommodation sector employs over 2 million private workers in the U.S.
- Employment in the sector declined sharply during the COVID-19 pandemic but has since rebounded.
- Seasonal trends like summer travel seasons impact accommodation employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly number of private employees working in the accommodation sector in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides timely insights into labor market conditions and economic activity in the hospitality industry, which is an important sector for the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this metric to monitor labor market conditions and evaluate the health of the hospitality sector, which can inform economic policies and business decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of several weeks. As with any survey-based data, there may be some limitations in coverage or reporting accuracy.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LFAC64TTCAM647N), retrieved from FRED.