Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 74 Years for Czechia
Quarterly, Not Seasonally Adjusted
LRUN74TTCZQ156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.60
Year-over-Year Change
4.00%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic indicator measures the total civilian labor force in the United States on a quarterly basis without seasonal adjustments. It provides crucial insights into labor market dynamics.
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 civilian labor force represents the total number of people aged 16 and older who are either employed or actively seeking work. This unadjusted quarterly data is an important complement to seasonally adjusted labor force statistics.
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 size and trends in the civilian labor force to assess the overall health of the U.S. economy.
Key Facts
- The U.S. civilian labor force averaged over 164 million people in 2022.
- Labor force participation rate was 62.2% as of Q4 2022.
- Quarterly labor force data is not adjusted for seasonal variations.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total number of civilians aged 16 and older who are either employed or actively seeking work in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force data provides crucial insights into the overall strength and dynamics of the U.S. labor market, which is a key driver of economic growth and a focus for policymakers.
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 civilian labor force data to assess the health of the U.S. economy and inform decisions around monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The civilian labor force data is released on a quarterly basis without seasonal adjustments, which may result in delays compared to monthly labor force statistics.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRUN74TTCZQ156N), retrieved from FRED.