Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Estonia
Annual, Not Seasonally Adjusted
LFWA24TTEEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138,700.00
Year-over-Year Change
-14.14%
Date Range
1/1/2000 - 1/1/2024
Summary
This trend measures the total labor force in the United States on an annual, not seasonally adjusted basis. It provides a broad indicator of the overall size and participation in the 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 annual, not seasonally adjusted labor force represents the total number of civilians 16 years and older who are either employed or actively seeking work. This metric is a fundamental gauge of the health and capacity of the U.S. economy.
Methodology
The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor labor force trends to assess the strength of the job market and the overall economic conditions.
Key Facts
- The U.S. labor force totaled over 164 million people in 2022.
- The labor force participation rate was 62.2% in 2022.
- The number of employed persons in the U.S. reached nearly 158 million in 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total size of the U.S. labor force on an annual, not seasonally adjusted basis. It represents the number of civilians 16 years and older who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted labor force is a fundamental indicator of the overall health and capacity of the U.S. economy. It provides important insights into employment levels, workforce participation, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force trends to assess the strength of the job market and the overall economic conditions. This information helps inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force data is typically published with a lag of several months after the end of the reference year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA24TTEEA647N), retrieved from FRED.