Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Canada
Persons, Annual, Not Seasonally Adjusted
LFEMTTTTCAA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,730,530.00
Year-over-Year Change
18.92%
Date Range
1/1/1955 - 1/1/2024
Summary
This annual employment trend measures the total civilian labor force in the United States. It is a key economic indicator used by policymakers and analysts to assess 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
The civilian labor force represents the total number of people aged 16 and older who are employed or actively seeking work. This metric is widely tracked as it provides insight into the health and dynamics of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This employment trend is used to inform economic and labor market policies at the federal, state, and local levels.
Key Facts
- The U.S. civilian labor force totaled over 164 million people in 2022.
- The labor force participation rate was 62.2% in 2022.
- Women make up approximately 47% of the U.S. civilian labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 16 and older who are 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 overall size and composition of the U.S. workforce, providing important insights into the health and dynamics of the labor market.
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 employment trend is used to inform economic and labor market policies at the federal, state, and local levels.
Q: Are there update delays or limitations?
A: The data is released annually with a relatively short delay, providing timely information on the U.S. civilian labor force.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEMTTTTCAA647N), retrieved from FRED.