Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Estonia

Persons, Quarterly, Not Seasonally Adjusted

LFACTTTTEEQ647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

753,100.00

Year-over-Year Change

5.12%

Date Range

4/1/1998 - 1/1/2025

Summary

This economic trend measures the quarterly count of persons in the U.S. labor force. It provides insight into the overall size and participation of the working-age population.

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 Persons, Quarterly, Not Seasonally Adjusted series represents the total number of individuals in the civilian non-institutional population aged 16 and over who are either employed or actively seeking work. This metric is a key indicator of the broader labor market and workforce dynamics.

Methodology

The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.

Historical Context

Economists and policymakers closely monitor this trend to assess the health and trajectory of the national labor force.

Key Facts

  • The U.S. labor force totaled over 164 million persons as of the latest quarter.
  • Labor force participation has fluctuated between 61-63% over the past decade.
  • Quarterly labor force data is released approximately 1 month after the end of each quarter.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of persons in the U.S. civilian non-institutional population aged 16 and over who are either employed or actively seeking work.

Q: Why is this trend relevant for users or analysts?

A: The size and dynamics of the labor force are crucial indicators of the overall health and direction of the economy. This metric provides important context for interpreting employment, unemployment, and workforce participation data.

Q: How is this data collected or calculated?

A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.

Q: How is this trend used in economic policy?

A: Economists and policymakers closely monitor labor force trends to assess the strength of the job market, guide monetary and fiscal policies, and evaluate the overall state of the economy.

Q: Are there update delays or limitations?

A: The Persons, Quarterly, Not Seasonally Adjusted data is released approximately one month after the end of each quarter.

Related Trends

Citation

U.S. Federal Reserve, Persons, Quarterly, Not Seasonally Adjusted (LFACTTTTEEQ647N), retrieved from FRED.