Persons, Quarterly, Not Seasonally Adjusted
LFHUADTTO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,797,000.00
Year-over-Year Change
-18.58%
Date Range
1/1/2005 - 7/1/2017
Summary
This economic trend measures the quarterly number of persons in the U.S. labor force, without seasonal adjustments. It provides insight into the size and composition of the working-age population.
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 total labor force is a key indicator of economic activity and labor market health. Policymakers and analysts use this data to assess labor market trends, plan employment programs, and forecast economic growth.
Methodology
The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Historical Context
This labor force trend is crucial for monetary and fiscal policy decisions that aim to maintain full employment and price stability.
Key Facts
- The U.S. labor force totaled over 164 million people in Q1 2023.
- Labor force participation rate was 62.4% in Q1 2023.
- The labor force has grown by over 3 million since the start of 2022.
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 crucial indicator of economic health and activity, helping policymakers and analysts assess employment trends and forecast economic growth.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Current Population Survey, a monthly household survey conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: This labor force trend is vital for monetary and fiscal policy decisions that aim to maintain full employment and price stability.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Not Seasonally Adjusted (LFHUADTTO1Q647N), retrieved from FRED.