Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Norway
Quarterly, Seasonally Adjusted
LFWA25TTNOQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,248,912.00
Year-over-Year Change
2.10%
Date Range
1/1/2000 - 1/1/2025
Summary
This economic trend measures the total labor force in the United States, a key indicator of the size and composition of the 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 U.S. total labor force includes all civilians 16 years and older who are either employed or actively seeking work. It is a crucial metric for economists and policymakers to assess the overall health and capacity of the national economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The total labor force trend provides important context for analyzing employment levels, labor market participation, and economic growth.
Key Facts
- The U.S. total labor force reached a record high of 164.6 million in 2022.
- Labor force participation rate was 62.2% as of January 2023.
- The labor force includes both employed and unemployed individuals actively seeking work.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total size of the civilian labor force in the United States, including both employed and unemployed individuals actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The total labor force is a crucial economic indicator that provides insights into the overall health and capacity of the national workforce, which is essential for analyzing employment, economic growth, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the total labor force trend to assess the overall strength of the labor market, which informs decisions on employment, monetary, and fiscal policies.
Q: Are there update delays or limitations?
A: The total labor force data is published monthly with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA25TTNOQ647S), retrieved from FRED.