Infra-Annual Labor Statistics: Labor Force Total: From 15 to 74 Years for Russia
Annual, Not Seasonally Adjusted
LFAC74TTRUA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75,276,520.00
Year-over-Year Change
-0.57%
Date Range
1/1/1992 - 1/1/2021
Summary
This trend measures the total labor force in the United States on an annual, not seasonally adjusted basis. It is a key indicator of the size and dynamics of the U.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
The annual, not seasonally adjusted labor force represents the total number of people aged 16 and over who are employed or actively seeking work in the U.S. economy. This metric is widely used by economists and policymakers to analyze long-term labor market trends and inform economic and workforce development strategies.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey of households.
Historical Context
This labor force metric helps inform monetary and fiscal policies aimed at promoting full employment and economic growth.
Key Facts
- The U.S. labor force totaled over 164 million people in 2022.
- The labor force participation rate was 62.2% as of December 2022.
- Women make up nearly 47% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 16 and over who are employed or actively seeking work in the U.S. economy on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted labor force is a key indicator of the size and dynamics of the U.S. workforce, which is essential for economists and policymakers to analyze long-term labor market trends and inform economic and workforce development strategies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey of households.
Q: How is this trend used in economic policy?
A: This labor force metric helps inform monetary and fiscal policies aimed at promoting full employment and economic growth.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted labor force data is typically published with a delay of several months following the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFAC74TTRUA647N), retrieved from FRED.