All Employees: Manufacturing in Delaware
Annual, Not Seasonally Adjusted
SMU10000003000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.70
Year-over-Year Change
3.49%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted civilian labor force in the United States. It is a key economic indicator used to assess the size and composition of the national 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
The annual, not seasonally adjusted civilian labor force metric represents the total number of working-age individuals either employed or actively seeking employment in the U.S. It is a widely referenced statistic for economists and policymakers to gauge the overall health and dynamics of the labor market.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This labor force trend is frequently analyzed alongside employment, unemployment, and other labor market indicators to inform economic policy decisions.
Key Facts
- The U.S. civilian labor force totaled over 164 million in 2022.
- The labor force participation rate was 62.4% in 2022.
- The size of the labor force has grown by over 9% since 2010.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of working-age civilians in the U.S. who are either employed or actively seeking employment, on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted civilian labor force is a key indicator of the overall size and dynamics of the U.S. workforce, which is crucial for economic policymaking and labor market analysis.
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 and economists analyze this labor force trend alongside employment, unemployment, and other labor market indicators to inform decisions on issues like workforce development, economic stimulus, and monetary policy.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted series is published with a lag of several months, and may be subject to revisions as more complete data becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU10000003000000001A), retrieved from FRED.