Civilian Labor Force Level - 20-24 Yrs.

LNS11000036 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

15,546.00

Year-over-Year Change

1.92%

Date Range

1/1/1948 - 7/1/2025

Summary

Measures the total number of employed and unemployed individuals aged 20-24 in the United States. Critical for understanding youth 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

This labor force statistic tracks employment participation for young adults. It provides insights into economic opportunities for recent graduates and young workers.

Methodology

Collected monthly through the Bureau of Labor Statistics Current Population Survey.

Historical Context

Used by policymakers to assess youth employment trends and economic conditions.

Key Facts

  • Represents workforce participation for young adults
  • Indicates economic opportunities for 20-24 year olds
  • Reflects broader economic and educational trends

FAQs

Q: What does civilian labor force level mean?

A: Total number of employed and unemployed individuals actively seeking work in a specific age group.

Q: Why track 20-24 year old labor force?

A: This age group represents recent graduates entering the job market and workforce transitions.

Q: How is this data collected?

A: Monthly survey conducted by the Bureau of Labor Statistics through the Current Population Survey.

Q: What impacts this labor force level?

A: Economic conditions, education levels, and job market opportunities directly influence this metric.

Q: How often is the data updated?

A: Monthly updates provide current snapshot of youth labor market participation.

Related Trends

Citation

U.S. Federal Reserve, Civilian Labor Force Level - 20-24 Yrs. (LNS11000036), retrieved from FRED.