Persons, Monthly, Not Seasonally Adjusted
Quarterly, Not Seasonally Adjusted
LFHUADFEO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,684,000.00
Year-over-Year Change
-17.60%
Date Range
1/1/2005 - 7/1/2017
Summary
This economic trend measures the total labor force in the United States on a quarterly, not seasonally adjusted basis. It provides important insights into the 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 total labor force represents the number of people aged 16 and older who are employed or actively seeking work. This metric is a key indicator of the overall health and activity of the U.S. economy and is closely monitored by policymakers and analysts.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The total labor force trend is widely used to assess labor market conditions and inform economic and policy decisions.
Key Facts
- The U.S. labor force totaled over 164 million people as of the latest quarter.
- The labor force participation rate was 62.2% in the most recent quarter.
- The unemployment rate for the U.S. labor force was 3.5% in the latest period.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people in the United States aged 16 and older who are employed or actively seeking work, on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The total labor force is a critical indicator of the overall health and activity of the U.S. economy, providing important insights into employment levels, labor market conditions, and workforce dynamics.
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: The total labor force trend is widely used by policymakers, economists, and analysts to assess labor market conditions and inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay, and may not be seasonally adjusted, which could affect interpretation in some cases.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFHUADFEO1Q647N), retrieved from FRED.