Active Population: Aged 15-64: All Persons for the European Union
Annual, Not Seasonally Adjusted
LFAC64TTEUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
241,800,425.00
Year-over-Year Change
3.65%
Date Range
1/1/2005 - 1/1/2019
Summary
This economic trend measures the total labor force in the United States on an annual, not seasonally adjusted basis. It provides valuable insights into the size and composition of the U.S. 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 Annual, Not Seasonally Adjusted labor force series represents the total number of individuals aged 16 and over who are employed or actively seeking employment in the United States. This metric is a key indicator of the overall health and capacity of the national labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to evaluate long-term labor force trends and inform economic and workforce development strategies.
Key Facts
- The U.S. labor force totaled over 164 million people in 2021.
- Participation in the labor force has declined since the early 2000s.
- Women make up nearly 47% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 16 and over who are employed or actively seeking employment in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted labor force data provides important insights into long-term labor market trends and the overall capacity of the U.S. workforce, which is crucial information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate long-term labor force trends and inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is published annually with a slight delay, and does not account for seasonal fluctuations in the labor force.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC64TTEUA647S), retrieved from FRED.