Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Switzerland
Annual, Not Seasonally Adjusted
LFAC25TTCHA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,333,675.00
Year-over-Year Change
7.11%
Date Range
1/1/2005 - 1/1/2024
Summary
This trend measures the total labor force, which includes both employed and unemployed individuals, for the United States on an annual, not seasonally adjusted basis. It provides key insights into the overall size and composition of the U.S. labor market.
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 total labor force is a fundamental economic indicator that represents the total number of people available for work in the U.S. economy. It is a widely used metric for understanding labor market trends and dynamics, and is an important input for policymakers and analysts.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This trend is used to analyze labor market conditions and inform economic policies.
Key Facts
- The U.S. labor force totaled over 164 million people in 2021.
- The labor force participation rate was 61.6% in 2021.
- Women make up around 47% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people in the U.S. labor force, including both employed and unemployed individuals, on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The total labor force is a crucial indicator for understanding the overall size and composition of the U.S. labor market, which is essential for policymakers and economists in assessing economic conditions and formulating appropriate policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to evaluate labor market conditions and inform economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is published annually, and there may be a delay of several months between the end of the reference period and the data release.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC25TTCHA647N), retrieved from FRED.