Persons, Quarterly, Not Seasonally Adjusted
LFHU24TTO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,940,000.00
Year-over-Year Change
-21.41%
Date Range
1/1/2005 - 7/1/2017
Summary
This economic trend measures the quarterly number of persons in the U.S. labor force, providing insights into workforce participation and employment dynamics.
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 civilian labor force in the United States on a quarterly basis, without seasonal adjustments. This data is a key indicator of the size and composition of the active workforce.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and economists analyze this trend to assess the health of the labor market and inform economic and employment policies.
Key Facts
- The U.S. civilian labor force totaled over 164 million persons in 2022.
- Labor force participation rate was 62.2% as of Q4 2022.
- The U.S. experienced a decline in labor force during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons in the U.S. civilian labor force on a quarterly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the labor force is a key indicator of economic health and workforce participation, informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess labor market conditions and inform employment and economic policies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Labor Statistics, with a typical 1-2 month publication delay.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Not Seasonally Adjusted (LFHU24TTO1Q647N), retrieved from FRED.