Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Norway
Annual, Seasonally Adjusted
LFWA25TTNOA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,244,400.00
Year-over-Year Change
8.84%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment-to-population ratio for the United States. It provides insight into the overall health and utilization of the labor force.
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 proportion of the civilian non-institutional population aged 25-54 that is employed. This key labor market indicator is closely watched by economists and policymakers to assess labor force participation and economic conditions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The employment-to-population ratio is a valuable input for evaluating the strength of the economy and labor market trends.
Key Facts
- The current employment-to-population ratio is around 80%.
- This ratio declined sharply during the Great Recession but has since recovered.
- Higher ratios indicate a stronger labor market and economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of the civilian non-institutional population aged 25-54 that is employed, providing insight into labor force participation and utilization.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a key indicator of labor market health and economic conditions, closely monitored by economists and policymakers.
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: The employment-to-population ratio is a valuable input for evaluating the strength of the economy and labor market trends, informing economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one month.
Related Trends
Labor Compensation: Earnings: Manufacturing: Monthly for Norway
LCEAMN03NOQ661N
Stock Market Total Value Traded to GDP for Norway
DDDM02NOA156NWDB
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Norway
NORPROINDMISMEI
Unit Labor Costs: Early Estimate of Quarterly Unit Labor Costs (ULC) Indicators: Labor Productivity: Total for Norway
ULQELP01NOQ657S
Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for Norway
CP0118NOM086NEST
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Norway
NORCPGRHO02IXOBM
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA25TTNOA647S), retrieved from FRED.