Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Luxembourg
Persons, Quarterly, Not Seasonally Adjusted
LFACTTTTLUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
352,400.00
Year-over-Year Change
8.56%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic indicator tracks the quarterly number of persons in the U.S. labor force. It provides insights into the size and composition of the working population, which is a key factor in economic growth and productivity.
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, Quarterly, Not Seasonally Adjusted' series represents the total number of individuals aged 16 and older who are either employed or actively seeking work in the United States. This data is used by economists and policymakers to analyze labor market trends and inform workforce development strategies.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This labor force participation metric is closely monitored by the Federal Reserve and other government agencies to assess the overall health of the U.S. economy.
Key Facts
- The U.S. labor force comprised over 163 million persons as of the latest quarter.
- Labor force participation rates have fluctuated between 62-67% over the past decade.
- Women make up approximately 47% of the total U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Quarterly, Not Seasonally Adjusted' series tracks the total number of individuals 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 labor force participation metric is a key indicator of the overall health and productivity of the U.S. economy, providing insights into employment levels and workforce dynamics.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other government agencies closely monitor this labor force participation metric to assess the strength of the U.S. economy and inform policy decisions related to employment, workforce development, and macroeconomic growth.
Q: Are there update delays or limitations?
A: The 'Persons, Quarterly, Not Seasonally Adjusted' data is released on a quarterly basis, with a typical delay of 1-2 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Not Seasonally Adjusted (LFACTTTTLUQ647N), retrieved from FRED.