Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Switzerland
Annual, Not Seasonally Adjusted
LFAC74TTCHA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,050,750.00
Year-over-Year Change
11.43%
Date Range
1/1/2005 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the total civilian labor force for the United States. This key economic indicator provides insights into employment levels and workforce participation.
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 total civilian labor force represents the number of people aged 16 and older who are either employed or actively seeking work. This broad metric offers a high-level perspective on the overall size and dynamics of the U.S. workforce.
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
Policymakers and economists closely monitor the civilian labor force to assess the health of the labor market and broader economy.
Key Facts
- The U.S. civilian labor force totaled over 165 million in 2022.
- Labor force participation has declined from a peak of 67.3% in 2000 to 62.2% in 2022.
- Women make up approximately 47% of the total U.S. civilian labor force.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total number of people aged 16 and older who are either employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force is a key indicator of the size and health of the U.S. workforce, providing important insights for policymakers, economists, and businesses.
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: Policymakers and economists closely monitor the civilian labor force to assess the overall state of the labor market and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The civilian labor force data is updated monthly and annually by the Bureau of Labor Statistics, with minimal delays.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC74TTCHA647N), retrieved from FRED.