Infra-Annual Labor Statistics: Employment Total: 15 Years or over for Russia

Persons, Monthly, Not Seasonally Adjusted

LFEMTTTTRUM647N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

72,470,650.00

Year-over-Year Change

2.40%

Date Range

8/1/2009 - 12/1/2021

Summary

This economic trend measures the monthly number of persons in the U.S. labor force. It provides crucial insights into the 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 'Persons, Monthly, Not Seasonally Adjusted' trend represents the total number of individuals 16 years and older who are employed or actively seeking work in the United States. This data series is a key indicator of labor market dynamics and economic conditions.

Methodology

The data is collected through the Current Population Survey (CPS), a comprehensive monthly household survey conducted by the U.S. Census Bureau.

Historical Context

This employment-related metric is widely used by policymakers, economists, and market analysts to assess the overall health and direction of the U.S. economy.

Key Facts

  • The U.S. labor force totaled over 164 million people in 2022.
  • The labor force participation rate was 62.2% as of December 2022.
  • Women make up approximately 47% of the U.S. labor force.

FAQs

Q: What does this economic trend measure?

A: The 'Persons, Monthly, Not Seasonally Adjusted' trend measures the total number of individuals aged 16 and older who are employed or actively seeking work in the United States.

Q: Why is this trend relevant for users or analysts?

A: This employment-related metric is a crucial indicator of the size and composition of the U.S. labor force, providing valuable insights into the overall health and direction of the economy.

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: Policymakers, economists, and market analysts widely use this metric to assess labor market dynamics and inform economic decision-making.

Q: Are there update delays or limitations?

A: The 'Persons, Monthly, Not Seasonally Adjusted' data is published with a one-month lag, and the figures are subject to periodic revisions.

Related Trends

Citation

U.S. Federal Reserve, Persons, Monthly, Not Seasonally Adjusted (LFEMTTTTRUM647N), retrieved from FRED.