Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Canada
Quarterly, Seasonally Adjusted
LFWA24TTCAQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,014,667.00
Year-over-Year Change
13.31%
Date Range
1/1/1976 - 4/1/2025
Summary
This economic trend measures the U.S. employment-to-population ratio for ages 24-54. It is a key indicator of labor market strength and workforce participation.
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 employment-to-population ratio represents the percentage of the civilian non-institutional population aged 24-54 that is employed. It provides insight into labor force utilization and is widely used by economists and policymakers to assess the health of the job market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This indicator is monitored by the Federal Reserve and other agencies to inform economic and monetary policy decisions.
Key Facts
- The ratio peaked at 79.7% in 2000.
- It declined sharply during the Great Recession, reaching 74.8% in 2010.
- As of 2022, the ratio stands at 78.5%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian non-institutional population aged 24-54 that is employed. It is a key indicator of labor market strength and workforce participation.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio provides important insights into the health of the labor market and is widely used by economists and policymakers to assess economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This indicator is monitored by the Federal Reserve and other agencies to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with no significant delays.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA24TTCAQ647S), retrieved from FRED.