Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Hungary
Quarterly, Not Seasonally Adjusted
LFWA24TTHUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
967,900.00
Year-over-Year Change
2.92%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic trend measures the total civilian labor force in the United States, not adjusted for seasonal variations. It provides valuable insights into the overall 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 Quarterly, Not Seasonally Adjusted labor force data represents the total number of individuals aged 16 and over who are either employed or actively seeking work. This metric is a key indicator of the health and dynamics of the U.S. labor market.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey, a comprehensive monthly survey of households.
Historical Context
This labor force trend is widely used by economists, policymakers, and market analysts to assess the strength and resilience of the U.S. economy.
Key Facts
- The U.S. labor force comprises over 165 million people.
- The labor force participation rate has declined from over 67% in the early 2000s to around 62% today.
- 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 civilian labor force in the United States, which includes all individuals aged 16 and over who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the labor force is a critical indicator of the overall health and strength of the U.S. economy, making this trend highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey, a comprehensive survey of households.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor labor force trends to inform decisions on monetary and fiscal policies aimed at promoting full employment and economic growth.
Q: Are there update delays or limitations?
A: The labor force data is released on a quarterly basis, with a slight delay to allow for thorough data collection and processing.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWA24TTHUQ647N), retrieved from FRED.