Employed Population: Aged 25-54: All Persons for the European Union
Growth Rate Previous Period, Annual, Not Seasonally Adjusted
LFEM25TTEUA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.27
Year-over-Year Change
-87.42%
Date Range
1/1/2006 - 1/1/2019
Summary
This economic trend measures the year-over-year growth rate of the total U.S. labor force, providing insight into long-term changes in the size and composition of the active 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 labor force growth rate is a key macroeconomic indicator used by policymakers and analysts to evaluate the productive capacity and dynamism of the economy. It reflects demographic shifts, immigration trends, and workforce participation patterns.
Methodology
The data is calculated by the U.S. Bureau of Labor Statistics based on monthly household surveys.
Historical Context
This metric is closely watched by the Federal Reserve and other institutions for its implications on economic growth, inflation, and monetary policy.
Key Facts
- The U.S. labor force grew by 1.2% in 2022.
- Labor force participation reached 62.4% in December 2022.
- The growth rate has averaged 0.6% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in the total U.S. labor force, providing insight into long-term shifts in the size and composition of the active workforce.
Q: Why is this trend relevant for users or analysts?
A: The labor force growth rate is a crucial macroeconomic indicator used by policymakers, economists, and investors to assess the productive capacity and dynamism of the economy.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Bureau of Labor Statistics based on monthly household surveys of the civilian non-institutional population.
Q: How is this trend used in economic policy?
A: The labor force growth rate is closely watched by the Federal Reserve and other institutions for its implications on economic growth, inflation, and the appropriate stance of monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, and may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (LFEM25TTEUA657N), retrieved from FRED.