Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Spain
Annual, Seasonally Adjusted
LFAC64TTESA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,045,430.00
Year-over-Year Change
3.28%
Date Range
1/1/1999 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' trend measures the annual rate of change in the U.S. labor force. This metric is a key indicator of the overall health and growth 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
This series tracks the year-over-year change in the total U.S. civilian labor force, adjusted for seasonal variations. It provides insights into labor market trends and is used by economists and policymakers to assess the strength and direction of the economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
This trend is monitored closely by the Federal Reserve and other government agencies to inform economic and employment policies.
Key Facts
- The U.S. labor force has grown by an average of 0.5% annually over the past decade.
- Women now account for nearly half of the total U.S. labor force.
- The labor force participation rate reached a multi-year high of 63.4% in 2022.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Seasonally Adjusted' trend measures the year-over-year change in the total U.S. civilian labor force, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market trends and is closely monitored by economists and policymakers to assess the strength and direction of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other government agencies use this trend to inform economic and employment policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of 1-2 weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC64TTESA647S), retrieved from FRED.