Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: From 15 to 64 Years for Australia
Quarterly, Not Seasonally Adjusted
LFIN64TTAUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,419,863.00
Year-over-Year Change
3.00%
Date Range
4/1/1978 - 4/1/2025
Summary
This economic trend measures the total civilian labor force in the United States on a quarterly, not seasonally adjusted basis. It provides important insights into the size and composition of the U.S. workforce.
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 civilian labor force refers to the number of people ages 16 and older who are either employed or actively seeking work. This metric is a key indicator of the overall health and activity of the U.S. economy.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists closely monitor labor force trends to assess economic conditions and inform policy decisions.
Key Facts
- The U.S. civilian labor force totaled over 165 million people in 2022.
- Labor force participation rate was 62.2% as of the fourth quarter of 2022.
- The services sector accounts for the largest share of the U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people in the United States, aged 16 and older, who are either employed or actively seeking work, on a quarterly, not seasonally adjusted basis.
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 health and activity, providing insights into employment, consumer spending, and other key factors.
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 economic conditions and inform policy decisions related to employment, workforce development, and other economic factors.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFIN64TTAUQ647N), retrieved from FRED.