Civilian Labor Force in Maryland
Annual, Not Seasonally Adjusted
LAUST240000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,247,778.00
Year-over-Year Change
3.76%
Date Range
1/1/1976 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures the total employed civilian labor force in the United States over a 12-month period. This metric is a key indicator of overall labor market health and economic activity.
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 annual labor force statistic represents the total number of employed civilians aged 16 and over, without adjustment for seasonal variations. It provides a broad view of the U.S. workforce and is used by policymakers and analysts to assess long-term employment trends.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This annual labor force figure informs economic and policy decisions at the federal, state, and local levels.
Key Facts
- The U.S. civilian labor force totaled over 160 million in 2022.
- Employment levels have steadily increased since the 2008-2009 recession.
- Labor force participation rates have declined in recent decades.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total number of employed civilians aged 16 and over in the United States.
Q: Why is this trend relevant for users or analysts?
A: This annual labor force statistic is a key indicator of overall economic health and labor market conditions, informing policy decisions at various government levels.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this annual employment figure to assess long-term workforce and economic trends, informing decisions at the federal, state, and local levels.
Q: Are there update delays or limitations?
A: The annual labor force data is released with a short delay, typically a few months after the end of the calendar year.
Related Trends
Gross Domestic Product: Government and Government Enterprises (92) in Maryland
MDGOVNGSP
Gross Domestic Product: Retail Trade (44-45) in Maryland
MDRETAILNGSP
State Government Tax Collections, Total License Taxes in Maryland
MDTLLICTAX
Chain-Type Quantity Index for Real GDP: Real Estate (531) in Maryland
MDREALQGSP
All Employees: Scientific Research and Development Services in Maryland
SMU24000006054170001A
Monthly State Retail Sales: Clothing and Clothing Accessories Stores in Maryland
MSRSMD448
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST240000000000006A), retrieved from FRED.