Infra-Annual Labor Statistics: Labor Force Female: 15 Years or over for Denmark
Persons, Annual, Seasonally Adjusted
LFACTTFEDKA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,549,150.00
Year-over-Year Change
14.00%
Date Range
1/1/1960 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted number of persons in the U.S. labor force. It provides insights into the size and composition of the American 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 Persons, Annual, Seasonally Adjusted series tracks the total civilian labor force in the United States on a yearly basis, accounting for seasonal fluctuations. This metric is widely used by economists and policymakers to analyze employment dynamics and labor market trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
This trend informs economic and workforce policy decisions at the federal, state, and local levels.
Key Facts
- The U.S. labor force reached a record high of over 164 million in 2019.
- The participation rate, which measures the active labor force, was 63.3% in 2021.
- The unemployment rate in the U.S. peaked at 14.7% in April 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Persons, Annual, Seasonally Adjusted series tracks the total number of people in the U.S. civilian labor force on a yearly basis, accounting for seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into the size and composition of the American workforce, informing economic and labor market policies.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Q: How is this trend used in economic policy?
A: The Persons, Annual, Seasonally Adjusted series informs economic and workforce policy decisions at the federal, state, and local levels.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with annual seasonally adjusted figures available.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFACTTFEDKA647S), retrieved from FRED.