Infra-Annual Labor Statistics: Working-Age Population Total: From 55 to 64 Years for Australia
Monthly, Seasonally Adjusted
LFWA55TTAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,084,978.00
Year-over-Year Change
0.88%
Date Range
2/1/1978 - 4/1/2025
Summary
The Monthly, Seasonally Adjusted series measures the total labor force in the United States. This key economic indicator provides insights into employment, workforce participation, and overall economic health.
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
This series represents the total number of people in the U.S. labor force, including those employed and actively seeking work. It is a widely watched metric for evaluating the strength and dynamics of the American workforce.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor labor force trends to assess economic conditions and inform decisions.
Key Facts
- The U.S. labor force totaled over 164 million in 2022.
- The labor force participation rate was 62.4% as of January 2023.
- Women make up approximately 47% of the U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series measures the total number of people in the U.S. labor force, including those employed and actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into the strength and dynamics of the American workforce, which is a crucial indicator of overall economic health and conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor labor force trends to assess economic conditions and inform decisions related to employment, workforce participation, and overall economic policy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFWA55TTAUM647S), retrieved from FRED.