Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Estonia
Annual, Seasonally Adjusted
LFWA64TTEEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
863,800.00
Year-over-Year Change
-1.86%
Date Range
1/1/2000 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted employment-to-population ratio for the total U.S. civilian non-institutional population. It is a key labor market indicator that reflects the overall employment level relative to 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 employment-to-population ratio is the proportion of the civilian non-institutional population that is employed. It provides insight into the strength of the labor market and the utilization of the working-age population. Economists and policymakers monitor this metric to assess the health and resilience of the broader economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The employment-to-population ratio is used to evaluate macroeconomic policies and their impact on the labor market.
Key Facts
- The ratio reached a peak of 63.4% in 2000.
- The ratio dropped to 58.5% during the Great Recession.
- As of 2022, the ratio stands at 60.1%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the proportion of the civilian non-institutional population that is employed. It is a key indicator of labor market strength and overall economic health.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio provides valuable insight into the utilization of the working-age population and the overall strength of the labor market. It is a widely-watched metric for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The employment-to-population ratio is used by economists and policymakers to evaluate the impact of macroeconomic policies on the labor market and overall economic health.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWA64TTEEA647S), retrieved from FRED.