Harmonized Unemployment: Monthly Levels: Aged 25 and over: Males for Czech Republic
Quarterly, Seasonally Adjusted
LFHUADMACZQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51,000.00
Year-over-Year Change
-15.93%
Date Range
1/1/1993 - 7/1/2023
Summary
This trend measures the quarterly, seasonally adjusted value of labor force in the United States. It provides insights into the dynamics of the U.S. labor market.
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 quarterly, seasonally adjusted labor force represents the total number of people aged 16 and over who are employed or actively seeking work. This metric is a key indicator of the overall health and capacity of the U.S. workforce.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Economists and policymakers closely monitor labor force trends to assess the strength of the labor market and inform economic policies.
Key Facts
- The U.S. labor force totaled 164.4 million people in Q4 2022.
- The labor force participation rate was 62.3% in Q4 2022.
- The unemployment rate was 3.5% in Q4 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 16 and over in the U.S. who are employed or actively seeking work, on a quarterly and seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The size and dynamics of the labor force are crucial indicators of the overall health and capacity of the U.S. economy, informing economic policies and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor labor force trends to assess the strength of the labor market and inform policies related to employment, wages, and overall economic performance.
Q: Are there update delays or limitations?
A: The quarterly, seasonally adjusted labor force data is typically released with a lag of about one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFHUADMACZQ647S), retrieved from FRED.