Infra-Annual Labor Statistics: Unemployment Total: From 15 to 74 Years for Turkiye
Annual, Not Seasonally Adjusted
LFUN74TTTRA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,113,250.00
Year-over-Year Change
41.38%
Date Range
1/1/2006 - 1/1/2024
Summary
This economic indicator tracks the annual, not seasonally adjusted total labor force in the United States. It is a key metric for understanding 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 refers to the number of people employed or actively seeking employment. This metric is used by economists and policymakers to gauge the health and growth of the U.S. economy.
Methodology
The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Historical Context
The total labor force is a critical input for analyzing employment statistics and labor market dynamics.
Key Facts
- The U.S. total labor force exceeded 165 million in 2022.
- The labor force participation rate was 62.2% as of January 2023.
- The COVID-19 pandemic led to a temporary decline in the total labor force in 2020.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted economic indicator tracks the total number of people in the U.S. who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The total labor force is a key metric for understanding the health and growth of the U.S. economy, as it provides insights into the size and composition of the workforce.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey administered by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The total labor force is a critical input for analyzing employment statistics and labor market dynamics, which inform economic policymaking and decision-making by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and may be subject to revisions as more complete information becomes available.
Related Trends
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CPGRLE01TRQ659N
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for Turkiye
LFEAINTTTRQ647N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 15 Years or over for Turkiye
LRHUTTTTTRM156S
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DDDM05TRA156NWDB
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Turkiye
CPGRLE01TRM659N
Infra-Annual Labor Statistics: Inactivity Rate Female: From 15 to 74 Years for Turkiye
LRIN74FETRQ156S
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUN74TTTRA647N), retrieved from FRED.