Infra-Annual Labor Statistics: Labor Force Total: From 15 to 64 Years for Sweden
Annual, Seasonally Adjusted
LFAC64TTSEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,492,975.00
Year-over-Year Change
12.64%
Date Range
1/1/2001 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the seasonally adjusted annual civilian labor force participation rate for the United States. This key economic indicator provides insights into labor market dynamics and workforce trends.
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 participation rate represents the percentage of the civilian noninstitutional population that is either employed or actively seeking employment. Economists and policymakers closely monitor this data to assess the strength and health of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This trend is widely used to inform economic policy decisions and analyze the overall state of the U.S. economy.
Key Facts
- The current annual, seasonally adjusted labor force participation rate is XX.X%.
- The rate has trended downward over the past decade, reflecting demographic shifts and other economic factors.
- Policymakers monitor this metric to assess the strength of the labor market and the overall economy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the seasonally adjusted annual civilian labor force participation rate in the United States.
Q: Why is this trend relevant for users or analysts?
A: This key labor market indicator provides important insights into the strength and health of the U.S. workforce, which is crucial for economic policymaking and analysis.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population 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: The civilian labor force participation rate is widely used by economists, policymakers, and analysts to assess the overall state of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a one-month lag, and is subject to periodic revisions by the statistical agencies.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC64TTSEA647S), retrieved from FRED.