Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Canada
Annual, Seasonally Adjusted
LFWA64TTCAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,322,220.00
Year-over-Year Change
12.69%
Date Range
1/1/1976 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment rate in the U.S. labor force. It is a key indicator of overall economic health and employment trends.
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, seasonally adjusted employment rate represents the percentage of the civilian labor force that is employed. It is a widely followed metric that provides insight into the strength of the U.S. job market and broader economic conditions.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor the employment rate to gauge the performance of the labor market and inform economic policy decisions.
Key Facts
- The annual, seasonally adjusted employment rate in the U.S. was 59.9% as of the latest data.
- Employment levels are a critical measure of economic health and consumer confidence.
- The employment rate is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted employment rate, which represents the percentage of the civilian labor force that is employed.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a widely followed indicator of the strength of the U.S. job market and broader economic conditions, making it highly relevant for policymakers, economists, and market analysts.
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 rate is a key input for the Federal Reserve's monetary policy decisions, as it provides insight into the overall health of the labor market and economy.
Q: Are there update delays or limitations?
A: The employment rate data is typically published on a monthly basis with a short delay, providing timely information on labor market trends.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA64TTCAA647S), retrieved from FRED.