Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Canada
Annual, Seasonally Adjusted
LFWATTTTCAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33,819,240.00
Year-over-Year Change
19.81%
Date Range
1/1/1976 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted employment rate in the United States. It is a key indicator of the overall health and strength of the labor market.
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 tracks the percentage of the working-age population that is employed on an annual basis, with seasonal fluctuations removed. This metric provides a comprehensive view of long-term employment trends and is widely used by economists and policymakers to assess the state of the economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The annual, seasonally adjusted employment rate is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The U.S. annual, seasonally adjusted employment rate reached a high of 63.4% in 2000.
- The rate dropped to a low of 58.5% during the Great Recession in 2010.
- As of the latest data, the annual, seasonally adjusted employment rate stands at 60.7%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the working-age population in the United States that is employed on an annual basis, with seasonal fluctuations removed.
Q: Why is this trend relevant for users or analysts?
A: The annual, seasonally adjusted employment rate is a key indicator of the overall health and strength of the U.S. labor market, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The annual, seasonally adjusted employment rate is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions, such as interest rate adjustments and fiscal policy measures.
Q: Are there update delays or limitations?
A: The annual, seasonally adjusted employment rate data is typically published with a short delay, and may be subject to minor revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWATTTTCAA647S), retrieved from FRED.