Infra-Annual Labor Statistics: Employment Female: 15 Years or over for Luxembourg
Persons, Annual, Seasonally Adjusted
LFEMTTFELUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152,500.00
Year-over-Year Change
46.53%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted number of persons in the U.S. labor force. It is a key indicator of labor market dynamics and economic health.
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 civilian labor force in the United States, which includes both employed and unemployed individuals. This metric is widely used by economists and policymakers to analyze workforce participation and labor market trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly Current Population Survey.
Historical Context
Trends in the labor force are closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The U.S. labor force totaled over 164 million people in 2022.
- Labor force participation rate was 62.3% as of December 2022.
- The COVID-19 pandemic led to a temporary decline in the labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people in the U.S. civilian labor force, including both employed and unemployed individuals.
Q: Why is this trend relevant for users or analysts?
A: The size and dynamics of the labor force are critical indicators of economic health and workforce participation. This data informs policy decisions and analysis by economists, government, and businesses.
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: Trends in the labor force are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions that aim to promote full employment and economic stability.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of about one month. There may be revisions to prior months' figures as new information becomes available.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEMTTFELUA647S), retrieved from FRED.