Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 74 Years for Ireland
Annual, Not Seasonally Adjusted
LFWA74TTIEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,008,000.00
Year-over-Year Change
18.86%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment-to-population ratio for the total population in the United States. It provides insights into broader labor market dynamics and workforce participation.
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 represents the proportion of the total civilian noninstitutional population that is employed. This metric is used by economists and policymakers to analyze workforce participation and labor market trends.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
This trend informs labor market and economic policy decisions.
Key Facts
- The annual, not seasonally adjusted employment-to-population ratio reached a high of 63.4% in 2000.
- The ratio declined during the Great Recession, reaching a low of 58.5% in 2011.
- As of 2022, the ratio stood at 59.9%.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment-to-population ratio for the total population in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment-to-population ratio provides insights into broader labor market dynamics and workforce participation, which are crucial for economic analysis and policymaking.
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: This trend informs labor market and economic policy decisions, as it reflects the overall health and participation of the workforce.
Q: Are there update delays or limitations?
A: The data is updated monthly, but the annual, not seasonally adjusted version may have a slight delay compared to the monthly figures.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFWA74TTIEA647N), retrieved from FRED.