Civilian Labor Force - 20 to 24 years, Men
TOTLLM2024 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,307.00
Year-over-Year Change
1.66%
Date Range
1/1/2000 - 7/1/2025
Summary
Tracks the number of men aged 20-24 in the labor force. Provides critical insights into young male employment trends and workforce 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
This metric represents active male workers and job seekers in the 20-24 age demographic. It reflects economic opportunities for young men.
Methodology
Data collected through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess youth employment and economic integration strategies.
Key Facts
- Indicates economic opportunities for young men
- Reflects broader economic and educational trends
- Critical for workforce development planning
FAQs
Q: What does this labor force metric represent?
A: Measures active male workers and job seekers aged 20-24. Indicates economic engagement for young men.
Q: How is this data collected?
A: Gathered through monthly Current Population Survey by U.S. Bureau of Labor Statistics.
Q: Why is this metric important?
A: Provides insights into youth employment trends and economic opportunities for young men.
Q: How often is this data updated?
A: Monthly updates provide current snapshot of young male labor force participation.
Q: What factors influence this metric?
A: Education, economic conditions, and job market opportunities significantly impact this trend.
Related Trends
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Citation
U.S. Federal Reserve, Civilian Labor Force - 20 to 24 years, Men (TOTLLM2024), retrieved from FRED.