Quarterly, Not Seasonally Adjusted
LFIN55TTG7Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,356,000.00
Year-over-Year Change
-3.87%
Date Range
4/1/2003 - 4/1/2017
Summary
This economic trend measures the civilian labor force in the United States on a quarterly, not seasonally adjusted basis. It provides insights into the size and dynamics of the overall 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 civilian labor force refers to the total number of people aged 16 and older who are either employed or actively seeking work. This data series offers a comprehensive view of labor supply trends without the seasonal adjustments that can mask underlying patterns.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to evaluate the health and trajectory of the U.S. labor market.
Key Facts
- The U.S. civilian labor force averaged over 160 million in 2022.
- Labor force participation rates vary significantly by age, gender, and other demographic factors.
- Changes in the civilian labor force can indicate shifts in economic activity and job market conditions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of civilians aged 16 and older who are either employed or actively seeking work in the United States on a quarterly, unadjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force is a key indicator of the overall health and dynamics of the U.S. labor market, providing insights into employment levels, workforce participation, and economic activity.
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.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate labor market conditions, inform economic forecasts, and guide decisions on employment, fiscal, and monetary policies.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month, and the not seasonally adjusted nature of the series can make it more volatile than seasonally adjusted measures.
Related Trends
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for G7
G7LFAC24FESTQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for G7
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Composite Leading Indicators: Reference Series (GDP) Normalized for G7
G7LORSGPNOSTSAM
Balance of Payments: Capital Account: Balance (Revenue Minus Expenditure) for G7
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Infra-Annual Labor Statistics: Unemployment Female: From 25 to 54 Years for G7
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Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for G7
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFIN55TTG7Q647N), retrieved from FRED.