Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for United States
Quarterly, Seasonally Adjusted
LFWA24TTUSQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,757,860.00
Year-over-Year Change
4.96%
Date Range
1/1/1977 - 4/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' series measures the employment-to-population ratio for the total U.S. population. This key economic indicator provides insights into the health and utilization of the national labor force.
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 employment-to-population ratio represents the proportion of the civilian noninstitutional population aged 16 and over that is employed. It is a comprehensive metric used by economists and policymakers to evaluate labor market conditions and 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 ratio is closely monitored by the Federal Reserve and other agencies to inform economic and monetary policy decisions.
Key Facts
- The employment-to-population ratio reached a low of 58.5% in April 2020 during the COVID-19 pandemic.
- The ratio has generally trended upward since the Great Recession, reaching 59.9% as of 2023.
- Historically, the ratio has ranged from a high of 64.7% in 2000 to a low of 58.1% in 2011.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted' series measures the proportion of the civilian noninstitutional population aged 16 and over that is employed.
Q: Why is this trend relevant for users or analysts?
A: This employment-to-population ratio is a comprehensive metric used by economists and policymakers to evaluate the health and utilization of the national labor force.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment-to-population ratio is closely monitored by the Federal Reserve and other agencies to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis with a short delay, providing a timely snapshot of labor market conditions.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWA24TTUSQ647S), retrieved from FRED.