Annual, Not Seasonally Adjusted
LFUNTTMAO1A647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,525,000.00
Year-over-Year Change
6.40%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the total labor force of the United States, including both employed and unemployed individuals, on an annual basis without seasonal adjustments.
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 the size and strength of the U.S. economy. It represents the total number of people available for work, providing important context for interpreting employment and unemployment statistics.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This unadjusted labor force measure is used by economists and policymakers to analyze long-term trends and the fundamental size of the working-age population.
Key Facts
- The annual U.S. labor force exceeded 164 million in 2021.
- The labor force participation rate was 61.6% in 2021.
- The total labor force has grown by over 20 million since 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people in the United States who are employed or actively seeking work, on an annual basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The size and composition of the labor force provides crucial context for understanding the overall health and potential of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this unadjusted labor force data to analyze long-term workforce trends and the fundamental capacity of the economy.
Q: Are there update delays or limitations?
A: The annual labor force data is typically published with a 1-2 month delay after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFUNTTMAO1A647S), retrieved from FRED.