Persons, Annual, Not Seasonally Adjusted
LFHU24FEG7A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,147,000.00
Year-over-Year Change
-17.61%
Date Range
1/1/2004 - 1/1/2016
Summary
This annual, not seasonally adjusted series tracks the total number of persons in the U.S. labor force, an important indicator of economic activity and potential growth.
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 participation rate measures the percentage of the civilian population aged 16 and older who are employed or actively seeking work. It provides insight into the availability of workers and potential for economic expansion.
Methodology
Data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers closely monitor labor force trends to inform decisions on employment, inflation, and other macroeconomic policies.
Key Facts
- The U.S. labor force totaled over 165 million persons in 2022.
- The labor force participation rate has declined from a peak of 67.3% in 2000 to 62.2% in 2022.
- Fluctuations in the labor force can signal changes in economic conditions and the potential for future growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons in the U.S. labor force, including those who are employed or actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a key indicator of economic activity and the availability of workers to support future growth.
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 monitor labor force trends to inform decisions on employment, inflation, and other macroeconomic policies.
Q: Are there update delays or limitations?
A: The labor force data is released monthly, with a typical one-month lag between the reference period and publication.
Related Trends
Infra-Annual Labor Statistics: Labor Force Male: 15 Years or over for G7
G7LFACTTMAGPQ
Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 15 to 24 Years for G7
G7LFIN24FESTQ
Infra-Annual Labor Statistics: Monthly Unemployment Male: From 15 to 24 Years for G7
G7LFHU24MASTQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for G7
G7LRHUADTTSTM
National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for G7
G7NAEXKP02GYSAQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
G7PRINTO01IXOBSAM
Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFHU24FEG7A647S), retrieved from FRED.