Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Czechia
Annual, Seasonally Adjusted
LREM64TTCZA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.43
Year-over-Year Change
13.34%
Date Range
1/1/1998 - 1/1/2024
Summary
The Annual, Seasonally Adjusted trend measures the total civilian labor force in the United States. This key economic indicator provides insights into the size and composition of the active labor market.
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 metric represents the total number of people in the U.S. who are employed or actively seeking work, adjusted for seasonal variations. It is a widely used barometer of labor market health and a crucial input for economic policymaking.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor this trend to assess employment conditions and labor force participation.
Key Facts
- The U.S. civilian labor force totaled over 164 million in 2022.
- Labor force participation rate was 62.2% as of December 2022.
- The labor force has grown by over 10 million since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted trend measures the total number of people in the U.S. civilian labor force, including those who are employed and those actively seeking work.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market health and a crucial input for economic policymaking. It provides insights into employment conditions, labor force participation, and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess employment conditions and labor force participation, which informs decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 weeks. There are no significant limitations, as the survey methodology is well-established and widely trusted.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM64TTCZA156S), retrieved from FRED.