Infra-Annual Labor Statistics: Unemployment Total: From 15 to 24 Years for Canada
Quarterly, Not Seasonally Adjusted
LFUN24TTCAQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
483,833.30
Year-over-Year Change
62.51%
Date Range
1/1/1976 - 4/1/2025
Summary
This quarterly, not seasonally adjusted economic trend measures the total labor force of the United States. It is a key indicator of the size and dynamics 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 total number of individuals aged 16 and over who are either employed or actively seeking work. This metric is widely used by economists and policymakers to analyze the overall health and trends of the U.S. labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in the total labor force provide important context for interpreting changes in employment, unemployment, and labor force participation rates.
Key Facts
- The U.S. total labor force exceeded 165 million in 2022.
- Labor force participation rates have declined since the 2000s.
- Women make up nearly 47% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 16 and over who are either employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: The total labor force is a key indicator of the overall size and dynamics of the U.S. workforce, providing important context for interpreting employment, unemployment, and labor force participation rates.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in the total labor force are closely monitored by economists, policymakers, and institutions to assess the health and direction of the U.S. labor market and make informed policy decisions.
Q: Are there update delays or limitations?
A: The total labor force data is released quarterly with a short delay, and may be subject to revisions as additional survey information becomes available.
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Citation
U.S. Federal Reserve, Total Labor Force (LFUN24TTCAQ647N), retrieved from FRED.