Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Canada
Annual, Seasonally Adjusted
LFHUTTTTCAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,404,208.00
Year-over-Year Change
0.37%
Date Range
1/1/1955 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the total civilian labor force in the United States. This metric is a key indicator of the overall size and health of the U.S. labor market.
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 civilian labor force represents the number of people employed or actively seeking employment in the U.S. economy. This metric is closely watched by economists, policymakers, and market analysts to gauge labor market conditions and overall economic activity.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
The civilian labor force trend is used to inform economic policy decisions and provide context for employment and unemployment figures.
Key Facts
- The U.S. civilian labor force totaled over 164 million people in 2022.
- The labor force participation rate was 62.2% as of 2022.
- The civilian labor force has grown by over 10% since 2010.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the total number of people in the U.S. who are employed or actively seeking employment, known as the civilian labor force.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force is a critical indicator of the overall health and size of the U.S. labor market, which is closely watched by economists, policymakers, and market participants.
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: The civilian labor force trend is used to inform economic policy decisions and provide context for employment and unemployment figures.
Q: Are there update delays or limitations?
A: The civilian labor force data is published monthly with a relatively short lag, making it a timely indicator of labor market conditions.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFHUTTTTCAA647S), retrieved from FRED.