Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for Czechia
Persons, Annual, Seasonally Adjusted
LFACTTMACZA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,910,950.00
Year-over-Year Change
-1.54%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures the total civilian labor force population in the United States on an annual, seasonally adjusted basis. It provides a key indicator of the overall size and composition of the national 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 civilian labor force refers to the total number of people ages 16 and older who are either employed or actively seeking work. This metric is a fundamental measure of economic activity and is closely tracked by policymakers, economists, and market analysts.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The civilian labor force is a crucial input for analyzing employment trends, labor market dynamics, and the overall health of the U.S. economy.
Key Facts
- The U.S. civilian labor force was 164.5 million in 2022.
- The labor force participation rate was 62.2% in 2022.
- The civilian labor force has grown by over 10 million since 2010.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of civilians ages 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: The civilian labor force is a key indicator of economic activity and labor market conditions, providing important insights for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey (CPS) conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Civilian labor force data is used to inform monetary and fiscal policy decisions, as well as to analyze employment trends and the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical publication lag of around one month.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFACTTMACZA647S), retrieved from FRED.