Persons, Monthly, Not Seasonally Adjusted
LFHUADFEO1M647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,403,000.00
Year-over-Year Change
-8.68%
Date Range
1/1/2005 - 9/1/2017
Summary
This economic trend measures the monthly number of persons not seasonally adjusted in the U.S. labor force. It provides insight into labor market 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, Monthly, Not Seasonally Adjusted' series represents the total civilian noninstitutional population participating in the U.S. labor force, regardless of seasonal factors. This metric 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' monthly Current Population Survey.
Historical Context
This trend is widely used by policymakers, economists, and market analysts to assess the health and trends of the U.S. labor market.
Key Facts
- The U.S. labor force includes both employed and unemployed persons.
- Labor force participation rates vary by age, gender, and other demographic factors.
- Monitoring labor force trends is crucial for economic policymaking and business planning.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons participating in the U.S. civilian labor force on a monthly basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the labor force is a critical indicator of economic activity, employment, and the overall health of the job market.
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: Policymakers and economists closely monitor labor force trends to inform decisions on fiscal, monetary, and employment policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, providing timely insights into the evolving U.S. labor market.
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Citation
U.S. Federal Reserve, Persons, Monthly, Not Seasonally Adjusted (LFHUADFEO1M647N), retrieved from FRED.