Persons, Annual, Not Seasonally Adjusted
LFACTTTTO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
621,404,000.00
Year-over-Year Change
9.51%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Persons, Annual, Not Seasonally Adjusted' data series tracks the total U.S. civilian labor force on an annual basis, providing insights into national employment 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
This economic indicator represents the total number of people in the United States aged 16 and over who are either employed or actively seeking work. It is a key measure of labor market dynamics used by economists and policymakers to assess the strength of the overall economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Trends in the civilian labor force are closely monitored by the Federal Reserve and other institutions to inform macroeconomic policies.
Key Facts
- The U.S. civilian labor force reached a record high of over 164 million in 2019.
- Labor force participation rates have declined since the 2008 financial crisis.
- Women make up nearly 47% of the total U.S. civilian labor force.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of people aged 16 and over in the United States who are either employed or actively seeking work, providing a measure of the overall size of the civilian labor force.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force is a key indicator of the strength of the U.S. economy, as changes in its size and composition can provide insights into employment, consumer demand, and broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household 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: Trends in the civilian labor force are closely monitored by the Federal Reserve and other government institutions to inform monetary and fiscal policies aimed at promoting full employment and stable economic growth.
Q: Are there update delays or limitations?
A: The civilian labor force data is published annually, with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFACTTTTO1A647S), retrieved from FRED.