Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for United States
LFAC25TTUSA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107,522,200.00
Year-over-Year Change
6.19%
Date Range
1/1/1955 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for United States' measures the size of the prime-age labor force in the U.S. This metric is important for economists and policymakers to understand labor market dynamics and trends.
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 series tracks the total number of individuals aged 25 to 54 years old who are actively participating in the U.S. labor force. The prime-age labor force is a key indicator of the overall strength and capacity of the American workforce.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This metric is widely used by the Federal Reserve and other agencies to analyze labor market conditions and inform economic policy decisions.
Key Facts
- The prime-age labor force totaled over 104 million in 2022.
- Labor force participation for 25-54 year olds reached 82.1% in 2022.
- The prime-age labor force has grown by over 6% since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals aged 25 to 54 years old who are actively participating in the U.S. labor force.
Q: Why is this trend relevant for users or analysts?
A: The prime-age labor force is a key indicator of the overall strength and capacity of the American workforce, making it highly relevant for economists, policymakers, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is widely used by the Federal Reserve and other agencies to analyze labor market conditions and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular, timely basis with minimal delays.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for United States (LFAC25TTUSA647S), retrieved from FRED.