Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Portugal
Persons, Annual, Not Seasonally Adjusted
LFACTTTTPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,463,400.00
Year-over-Year Change
1.53%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Persons, Annual, Not Seasonally Adjusted' metric tracks the total civilian labor force in the United States on an annual basis without seasonal adjustments. This measure is a key indicator of the overall size and composition of the U.S. workforce.
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 labor force statistic represents the total number of people aged 16 and older who are either employed or actively seeking work in the United States. It is a fundamental economic indicator used by policymakers, analysts, and researchers to understand labor market trends and dynamics.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey, a monthly household survey.
Historical Context
Analysts and policymakers closely monitor this labor force metric to gauge the health and direction of the U.S. economy.
Key Facts
- The U.S. civilian labor force totaled over 163 million people in 2021.
- Labor force participation rate was 61.6% in 2021.
- Women made up 47.1% of the U.S. labor force in 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Not Seasonally Adjusted' metric tracks the total number of people in the United States aged 16 and older who are either employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This labor force statistic is a fundamental economic indicator used by policymakers, analysts, and researchers to understand the size, composition, and dynamics of the U.S. workforce.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey of households.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor this labor force metric to gauge the overall health and direction of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released on an annual basis with a several-month lag.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFACTTTTPTA647N), retrieved from FRED.