Infra-Annual Labor Statistics: Labor Force Total: From 25 to 54 Years for Denmark
Annual, Seasonally Adjusted
LFAC25TTDKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,009,450.00
Year-over-Year Change
4.01%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the total civilian labor force in the United States. It is a key indicator of the size and health of the U.S. labor market, providing important insights for policymakers and economists.
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 series represents the total number of people aged 16 and older who are either employed or actively seeking work, adjusted for seasonal variations. It is a comprehensive measure of the U.S. labor supply and a crucial data point for analyzing employment, economic growth, and workforce trends.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly household surveys.
Historical Context
Policymakers and market analysts closely monitor this metric to gauge the strength of the economy and inform decisions on interest rates, fiscal policy, and labor market interventions.
Key Facts
- The U.S. civilian labor force totaled over 165 million people in 2022.
- The labor force participation rate was 62.2% as of January 2023.
- Employment in the U.S. has returned to pre-pandemic levels as of 2022.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the total number of people aged 16 and older who are either employed or actively seeking work in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial indicator of the size and health of the U.S. labor market, providing important insights for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly household surveys.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this metric to gauge the strength of the economy and inform decisions on interest rates, fiscal policy, and labor market interventions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a short delay for data collection and processing.
Related Trends
Real Narrow Effective Exchange Rate for Denmark
RNDKBIS
National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for Denmark
DNKPFCEADSMEI
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 74 Years for Denmark
LREM74FEDKA156N
Producer Prices Index: Economic Activities: Energy: Total for Denmark
DNKPIEAEN01GYQ
Employment to Population Rate: All Ages: All Persons for Denmark
LREPTTTTDKA156S
Consumer Price Index: OECD Groups: Services: Total for Denmark
DNKCPGRSE01GPM
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFAC25TTDKA647S), retrieved from FRED.