Persons, Annual, Not Seasonally Adjusted
LFINTTTTO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
414,987,000.00
Year-over-Year Change
9.40%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Persons, Annual, Not Seasonally Adjusted' trend measures the annual number of individuals in the U.S. labor force. This metric is a key indicator of the overall size and composition of the American 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
This labor force participation rate tracks the civilian population aged 16 and over who are either employed or actively seeking work. Economists and policymakers closely monitor this trend to understand workforce dynamics and assess the health of the broader economy.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey, a monthly household survey.
Historical Context
The labor force participation rate informs economic and employment policies at the federal, state, and local levels.
Key Facts
- The U.S. labor force totaled 164.4 million people in 2021.
- The labor force participation rate was 61.6% in 2021.
- Participation rates are higher among men than women.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Not Seasonally Adjusted' metric tracks the total number of individuals in the U.S. labor force, including both employed and unemployed persons.
Q: Why is this trend relevant for users or analysts?
A: The labor force participation rate is a critical indicator of economic health and workforce dynamics, informing policymaking and business decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's monthly Current Population Survey of households.
Q: How is this trend used in economic policy?
A: The labor force participation rate informs employment, economic, and social policies at the federal, state, and local levels.
Q: Are there update delays or limitations?
A: The data is updated annually with a short time lag, typically a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFINTTTTO1A647S), retrieved from FRED.