Infra-Annual Labor Statistics: Unemployment Total: 15 Years or over for Portugal
Annual, Not Seasonally Adjusted
LFUNTTTTPTA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
351,150.00
Year-over-Year Change
-57.98%
Date Range
1/1/1960 - 1/1/2024
Summary
This economic trend measures the total civilian labor force in the United States on an annual, 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 annual, not seasonally adjusted civilian labor force indicator tracks the total number of people 16 years and older who are employed or actively seeking work in the United States. It is a key metric for understanding labor market dynamics and workforce participation over time.
Methodology
The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Historical Context
This labor force trend is closely monitored by policymakers, economists, and analysts to assess the overall health of the U.S. economy.
Key Facts
- The U.S. civilian labor force totaled over 164 million in 2022.
- Labor force participation has declined from over 67% in 2000 to around 62% today.
- The labor force includes both employed and unemployed individuals seeking work.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total civilian labor force in the United States on an annual, not seasonally adjusted basis. It includes all people 16 years and older who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The annual civilian labor force is a key indicator of the overall size and composition of the U.S. workforce, providing important insights into labor market dynamics and economic health.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and analysts closely monitor this labor force trend to assess the strength of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted civilian labor force data is published with a short delay, typically within a few months of the end of the calendar year.
Related Trends
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DDDI06PTA156NWDB
Infra-Annual Labor Statistics: Working-Age Population Female: From 15 to 64 Years for Portugal
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PRTCPHP0400GPM
Harmonized Unemployment: Monthly Levels: Aged 25 and over: All Persons for Portugal
LFHUADTTPTM647S
Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Portugal
LFEASETTPTQ647S
Infra-Annual Labor Statistics: Employment Rate Male: From 15 to 24 Years for Portugal
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUNTTTTPTA647N), retrieved from FRED.