Quarterly, Not Seasonally Adjusted
LFWATTMAO1Q647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
505,198,000.00
Year-over-Year Change
2.38%
Date Range
1/1/2005 - 4/1/2017
Summary
This trend measures the total civilian labor force in the United States on a quarterly, not seasonally adjusted basis. It is a key economic indicator used by policymakers and analysts to understand labor market dynamics.
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 represents the number of people aged 16 and over who are either employed or actively seeking work. This metric provides insight into the overall size and participation rate of the U.S. workforce.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau.
Historical Context
The civilian labor force trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The U.S. civilian labor force totaled over 164 million people in 2022.
- Labor force participation rates have declined since the 2008 financial crisis.
- Quarterly labor force data is not adjusted for seasonal variations.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people aged 16 and over who are either employed or actively seeking work in the United States on a quarterly, unadjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force is a key indicator of the overall size and participation rate of the U.S. workforce, providing important insights for policymakers and economic analysts.
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: The civilian labor force trend is closely monitored by the Federal Reserve and other institutions to inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The quarterly labor force data is not seasonally adjusted, which means it may exhibit regular seasonal patterns that need to be accounted for in analysis.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFWATTMAO1Q647N), retrieved from FRED.