Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Canada
Persons, Annual, Seasonally Adjusted
LFACTTTTCAA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,134,760.00
Year-over-Year Change
17.55%
Date Range
1/1/1956 - 1/1/2024
Summary
This economic trend measures the total number of persons employed in the United States on an annual, seasonally adjusted basis. It is a key indicator of the overall health and performance of the U.S. labor market.
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 represents the total number of individuals employed in the U.S. economy, adjusted for typical seasonal variations. It is a widely followed metric that provides insight into employment levels, labor force participation, and broader economic conditions.
Methodology
The data is collected through comprehensive surveys of U.S. households and businesses conducted by the Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and market analysts to assess the strength of the U.S. economy and inform economic and monetary policy decisions.
Key Facts
- The U.S. employed over 158 million people in 2022.
- Employment levels have recovered to pre-pandemic highs.
- The labor force participation rate stands at approximately 62.2%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Persons, Annual, Seasonally Adjusted series is a key indicator of the overall health and performance of the U.S. labor market, providing insight into employment levels, labor force participation, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through comprehensive surveys of U.S. households and businesses conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, economists, and market analysts to assess the strength of the U.S. economy and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of approximately one month.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFACTTTTCAA647S), retrieved from FRED.