Civilian Labor Force in Maryland
MDLFN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,266,380.00
Year-over-Year Change
-0.26%
Date Range
1/1/1976 - 6/1/2025
Summary
The Civilian Labor Force in Maryland measures the total number of people in Maryland who are employed or actively seeking employment. It is a key indicator of the state's economic activity and labor market conditions.
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 sum of all employed and unemployed individuals in Maryland. It is used by economists and policymakers to gauge the overall size and strength of the state's workforce, informing decisions about economic policy, job creation, and workforce development initiatives.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in the Civilian Labor Force can signal shifts in consumer demand, business investment, and other economic factors that influence Maryland's labor market.
Key Facts
- The Civilian Labor Force in Maryland reached a record high of 3.2 million in 2022.
- Maryland's labor force participation rate was 65.3% in 2021, above the national average.
- The Civilian Labor Force has grown by over 10% in Maryland since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: The Civilian Labor Force in Maryland measures the total number of people in the state who are employed or actively seeking employment.
Q: Why is this trend relevant for users or analysts?
A: The Civilian Labor Force is a key indicator of Maryland's economic activity and labor market conditions, providing insights that inform economic policy and workforce development decisions.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Changes in the Civilian Labor Force can signal shifts in consumer demand, business investment, and other economic factors that influence Maryland's labor market, informing policymakers' decisions.
Q: Are there update delays or limitations?
A: The Civilian Labor Force data is published monthly with a short delay, providing timely information on Maryland's labor market conditions.
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Citation
U.S. Federal Reserve, Civilian Labor Force in Maryland (MDLFN), retrieved from FRED.