Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 55 to 64 Years for G7
Seasonally Adjusted
G7LFIN55TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,542,270.00
Year-over-Year Change
-6.58%
Date Range
1/1/2005 - 1/1/2025
Summary
The Seasonally Adjusted series measures the total employed civilian labor force in the U.S. on a seasonally adjusted basis. This key economic indicator provides insight into overall employment trends and is closely monitored by policymakers.
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 monthly series from the U.S. Bureau of Labor Statistics reflects the total number of employed civilians aged 16 and over, adjusted to account for predictable seasonal variations. Economists and analysts use this metric to assess the health and direction of the U.S. labor market.
Methodology
The data is collected through the Current Population Survey and adjusted using statistical models to remove seasonal fluctuations.
Historical Context
Trends in the Seasonally Adjusted employment level are closely watched by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The U.S. civilian labor force totaled over 165 million in 2022.
- The employment-population ratio was 60.1% in 2022.
- The unemployment rate in the U.S. was 3.5% as of December 2022.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the total number of employed civilians aged 16 and over in the United States, after accounting for predictable seasonal variations in the labor force.
Q: Why is this trend relevant for users or analysts?
A: This key economic indicator provides insight into the overall health and direction of the U.S. labor market, making it closely watched by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey and adjusted using statistical models to remove seasonal fluctuations.
Q: How is this trend used in economic policy?
A: Trends in the Seasonally Adjusted employment level are closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted employment data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of around 2-3 weeks.
Related Trends
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G7LFIN24TTSTQ
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Energy for G7
G7CPGREN01GYM
Consumer Price Index: All items: Total: Total for G7
G7CPALTT01GPM
Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 25 to 54 Years for G7
G7LFIN25TTSTSAQ
Consumer Price Index: OECD Groups: All items non-food non-energy: Total for G7
G7CPGRLE01GPM
Citation
U.S. Federal Reserve, Seasonally Adjusted (G7LFIN55TTSTSAQ), retrieved from FRED.