Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Sweden
Annual, Not Seasonally Adjusted
LRUNTTTTSEA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.30
Year-over-Year Change
4.10%
Date Range
1/1/2001 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted data series measures the total civilian labor force in the United States. This key economic indicator provides insight into the size and dynamics of the U.S. workforce.
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 data series tracks the total number of people ages 16 and older who are either employed or actively seeking work in the United States. It is an important measure of the size and utilization of the nation's labor force.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor this labor force data to assess the overall health of the U.S. economy.
Key Facts
- The U.S. labor force totaled over 164 million people in 2022.
- The labor force participation rate was 62.2% as of December 2022.
- The unemployment rate in the U.S. was 3.5% as of December 2022.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted data series measures the total number of people in the United States who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This labor force data provides crucial insight into the overall health and dynamics of the U.S. economy, which is vital information for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor labor force data to assess employment conditions, make decisions about monetary and fiscal policies, and evaluate the overall state of the economy.
Q: Are there update delays or limitations?
A: The labor force data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LRUNTTTTSEA156N), retrieved from FRED.