Annual, Not Seasonally Adjusted
LRUN64FEO1A156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.60
Year-over-Year Change
-5.71%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the total labor force in the United States. This key economic indicator provides insights into employment dynamics and workforce participation.
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 annual labor force series tracks the total number of people aged 16 and older who are employed or actively seeking work in the U.S. economy. It is a fundamental measure of economic activity and labor market health used by policymakers and analysts.
Methodology
The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The labor force participation rate is closely monitored by the Federal Reserve and other institutions to assess employment conditions and guide economic policies.
Key Facts
- The U.S. labor force totaled over 164 million people in 2022.
- The labor force participation rate was 62.2% as of January 2023.
- The labor force has grown by over 10 million since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' trend measures the total number of people aged 16 and older who are employed or actively seeking work in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a fundamental indicator of economic activity and employment conditions, providing important insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The labor force participation rate is closely monitored by the Federal Reserve and other institutions to assess employment conditions and guide economic policies.
Q: Are there update delays or limitations?
A: The annual labor force data is typically published with a short delay, but provides a comprehensive view of long-term workforce trends.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUN64FEO1A156S), retrieved from FRED.