Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Czechia
Quarterly, Seasonally Adjusted
LFAC64TTCZQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,204,943.00
Year-over-Year Change
1.06%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic indicator measures the total civilian labor force in the United States on a quarterly, seasonally adjusted basis. It is a key metric for assessing the overall strength and dynamics of the U.S. labor market.
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, Seasonally Adjusted total civilian labor force statistic represents the total number of people aged 16 and over who are either employed or actively seeking work. It is a widely followed indicator that provides insight into workforce participation and labor market trends.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This labor force metric is closely watched by policymakers, economists, and market analysts to gauge the health of the U.S. economy.
Key Facts
- The U.S. civilian labor force totaled over 163 million in Q4 2022.
- The labor force participation rate was 62.3% in Q4 2022.
- The unemployment rate was 3.5% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total number of people aged 16 and over who are either employed or actively seeking work in the United States, on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The quarterly, seasonally adjusted total civilian labor force is a key metric for assessing the overall strength and dynamics of the U.S. labor market, which is closely watched by 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 on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This labor force metric is used by policymakers, economists, and market analysts to gauge the health of the U.S. economy and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly with a brief delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC64TTCZQ647S), retrieved from FRED.