Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Norway
Quarterly, Not Seasonally Adjusted
LFAC64TTNOQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,874,500.00
Year-over-Year Change
2.68%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the total civilian labor force in the United States on a quarterly, not seasonally adjusted basis. It provides important insights into the overall size and composition 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 civilian labor force represents the total number of people aged 16 and older who are employed or actively seeking work. This measure is closely watched by economists and policymakers to gauge the health and growth of the U.S. economy.
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 civilian labor force is a key input for employment and unemployment analysis, as well as economic forecasting and policy decisions.
Key Facts
- The U.S. civilian labor force totaled over 165 million people in 2022.
- The labor force participation rate was approximately 62% in 2022.
- The civilian labor force grew by over 2 million people in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 16 and older who are employed or actively seeking work in the United States on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force is a key indicator of the overall size and health of the U.S. labor market, providing important insights for economists, policymakers, and market analysts.
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 civilian labor force is a crucial input for employment and unemployment analysis, as well as economic forecasting and policy decisions made by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several weeks after the end of the quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFAC64TTNOQ647N), retrieved from FRED.