Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for Estonia
Annual, Seasonally Adjusted
LFAC24FEEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,425.00
Year-over-Year Change
7.19%
Date Range
1/1/2000 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted civilian labor force for the total population aged 24 to 54 in the United States. It is a key indicator of the size and dynamics of the core working-age population in the U.S. economy.
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 annual, seasonally adjusted civilian labor force for ages 24-54 provides insights into the availability and utilization of the prime-age workforce. Economists and policymakers closely monitor this metric to understand trends in labor supply, employment, and potential economic output.
Methodology
This data is collected through the U.S. Census Bureau's Current Population Survey and seasonally adjusted by the Bureau of Labor Statistics.
Historical Context
Trends in the 24-54 civilian labor force are used to inform economic and labor market policies.
Key Facts
- The civilian labor force aged 24-54 was 103.7 million in 2022.
- The labor force participation rate for ages 24-54 was 82.1% in 2022.
- This metric has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, seasonally adjusted civilian labor force for the total population aged 24 to 54 in the United States.
Q: Why is this trend relevant for users or analysts?
A: The 24-54 civilian labor force is a key indicator of the availability and utilization of the prime-age workforce, which is crucial for understanding trends in labor supply, employment, and potential economic output.
Q: How is this data collected or calculated?
A: This data is collected through the U.S. Census Bureau's Current Population Survey and seasonally adjusted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in the 24-54 civilian labor force are used to inform economic and labor market policies, as this metric provides insights into the core working-age population and its participation in the labor market.
Q: Are there update delays or limitations?
A: There may be update delays of a few weeks to a month, as this data is collected and processed by government statistical agencies.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC24FEEEA647S), retrieved from FRED.