Infra-Annual Labor Statistics: Labor Force Female: From 15 to 74 Years for Norway
Annual, Seasonally Adjusted
LFAC74FENOA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,420,975.00
Year-over-Year Change
10.80%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment-to-population ratio for the U.S. civilian labor force. It provides key insights into labor market participation and workforce utilization.
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 employment-to-population ratio represents the proportion of the civilian noninstitutional population aged 16 and over that is employed. It is a important measure of labor market health and economic opportunity.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This ratio is widely used by economists, policymakers, and analysts to assess labor market trends and evaluate the effectiveness of economic and employment policies.
Key Facts
- The current annual, seasonally adjusted employment-to-population ratio is around 60%.
- This ratio declined sharply during the 2008-2009 recession but has gradually recovered since then.
- High employment-to-population ratios are generally associated with strong economic growth and low unemployment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of the civilian noninstitutional population aged 16 and over that is employed. It provides insight into labor market participation and utilization.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a key indicator of labor market health and economic opportunity. It is widely used by economists, policymakers, and analysts to assess workforce trends and evaluate the effectiveness of economic policies.
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.
Q: How is this trend used in economic policy?
A: This ratio is used by policymakers, central banks, and analysts to monitor labor market conditions, guide economic policies, and evaluate the effectiveness of employment programs.
Q: Are there update delays or limitations?
A: The employment-to-population ratio data is published monthly with a short lag, providing timely insights into the state of the U.S. labor market.
Related Trends
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Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Norway
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National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Norway
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Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: Registered Unemployment for Norway
LMUNRRTTNOM156S
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC74FENOA647S), retrieved from FRED.