Civilian Labor Force for Oregon
CIVLFOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,191,500.00
Year-over-Year Change
1.93%
Date Range
10/1/2003 - 7/1/2024
Summary
The Civilian Labor Force for Oregon measures the total number of people aged 16 and older who are either employed or actively seeking work in the state. It is a key indicator of the size and health of Oregon's workforce.
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 the total labor supply in Oregon, including both employed individuals and those actively seeking jobs. It is widely used by economists and policymakers to analyze labor market trends and inform employment-related policies.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Civilian Labor Force for Oregon is a critical input for assessing the state's economic performance and guiding policy decisions.
Key Facts
- Oregon's civilian labor force totaled 2.2 million in 2022.
- The labor force participation rate in Oregon was 62.5% in 2022.
- The civilian labor force in Oregon has grown by 3.5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Civilian Labor Force for Oregon measures the total number of people aged 16 and older who are either employed or actively seeking work in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the size and health of Oregon's workforce, providing important insights into the state's labor market and economic performance.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Civilian Labor Force for Oregon is a critical input for assessing the state's economic performance and guiding employment-related policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical one-month delay in publication.
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Citation
U.S. Federal Reserve, Civilian Labor Force for Oregon (CIVLFOR), retrieved from FRED.