Employment Level - Agriculture and Related Industries, Unpaid Family Workers
LNU02032186 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
-10.00%
Date Range
1/1/1948 - 7/1/2025
Summary
Tracks unpaid family workers in agriculture and related industries. Highlights informal economic contributions in rural and agricultural sectors.
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
Measures the number of family members working without direct monetary compensation in agricultural enterprises. Captures important informal economic activity.
Methodology
Collected through household surveys by the Bureau of Labor Statistics.
Historical Context
Helps understand family-based agricultural labor and economic structures.
Key Facts
- Captures non-monetary agricultural workforce
- Reflects family-based economic contributions
- Important for understanding rural economic structures
FAQs
Q: What defines an unpaid family worker?
A: Family members working in agricultural businesses without direct monetary compensation. Contributes to family enterprise without formal salary.
Q: Why track unpaid family workers?
A: Provides insights into informal economic contributions and family-based agricultural labor structures.
Q: How significant are unpaid family workers?
A: Critical for understanding rural economic dynamics and family agricultural enterprises.
Q: What industries are included?
A: Covers agriculture and closely related industries involving family-based labor.
Q: How frequently is this data updated?
A: Regularly updated to reflect current agricultural labor market conditions.
Related Trends
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Citation
U.S. Federal Reserve, Employment Level - Agriculture and Related Industries, Unpaid Family Workers (LNU02032186), retrieved from FRED.