Infra-Annual Labor Statistics: Working-Age Population Total: 15 Years or over for Norway
Quarterly, Not Seasonally Adjusted
LFWATTTTNOQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,654,000.00
Year-over-Year Change
5.46%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the quarterly, not seasonally adjusted U.S. employment-to-population ratio. It is a key indicator of labor market strength and the overall health of the economy.
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 percentage of the total civilian noninstitutional population that is employed. Economists and policymakers closely monitor this metric to assess labor market conditions and the broader economic outlook.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The employment-to-population ratio provides important context for interpreting unemployment rates and other labor market indicators.
Key Facts
- The ratio reached a high of 63.3% in 2000.
- It fell to 58.5% during the Great Recession.
- As of the latest data, the ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of the civilian noninstitutional population that is employed. It provides a comprehensive view of labor market participation.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio is a key indicator of economic health and labor market strength. It complements unemployment rates and other labor market metrics.
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: Policymakers and economists closely monitor the employment-to-population ratio to assess labor market conditions and the overall state of the economy, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions. The not seasonally adjusted format provides a raw, unadjusted view of the trend.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWATTTTNOQ647N), retrieved from FRED.