Civilian Labor Force in Arizona
Annual, Not Seasonally Adjusted
LAUST040000000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,746,159.00
Year-over-Year Change
24.48%
Date Range
1/1/1976 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the total civilian labor force in the United States. This key economic indicator provides insights into the size and dynamics of the country's available 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 annual, non-seasonally adjusted labor force data series reports the total number of people in the U.S. aged 16 and over who are either employed or actively seeking work. The figures are important for analyzing long-term trends in labor market participation and evaluating the overall health of the economy.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
Policymakers and economists closely monitor labor force trends to inform decisions on employment, wages, and economic growth.
Key Facts
- The U.S. labor force totaled over 165 million people in 2022.
- Labor force participation rate was 62.2% in 2022.
- Women make up around 47% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures the total size of the civilian labor force in the United States, including both employed and unemployed individuals aged 16 and over.
Q: Why is this trend relevant for users or analysts?
A: This labor force data provides crucial insights into the overall size and dynamics of the available workforce, which is a key indicator of economic health and a driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force trends to inform decisions on employment, wages, and overall economic policy.
Q: Are there update delays or limitations?
A: The annual labor force data is subject to some publication delays, with the most recent year's figures typically released several months after the end of the year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAUST040000000000006A), retrieved from FRED.