Civilian Labor Force in Minnesota
MNLF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,157,501.00
Year-over-Year Change
0.81%
Date Range
1/1/1976 - 6/1/2025
Summary
The Civilian Labor Force in Minnesota measures the total number of people 16 years and older who are employed or actively seeking work within the state. It is a key indicator of the overall strength and participation in Minnesota's economy.
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 Civilian Labor Force in Minnesota represents the total supply of labor available for production of goods and services in the state. It is an important metric used by economists, policymakers, and analysts to assess the health and growth potential of Minnesota's economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in Minnesota's labor force are closely monitored to inform economic and workforce development policies.
Key Facts
- Minnesota's civilian labor force reached a record high of over 3 million in 2022.
- The labor force participation rate in Minnesota is consistently higher than the national average.
- Minnesota's unemployment rate has remained below the U.S. rate for the past decade.
FAQs
Q: What does the Civilian Labor Force in Minnesota measure?
A: The Civilian Labor Force in Minnesota measures the total number of people aged 16 and older who are employed or actively seeking work within the state.
Q: Why is the Civilian Labor Force in Minnesota trend relevant for users or analysts?
A: The Minnesota labor force trend is a key indicator of the state's economic health and growth potential, providing important insights for policymakers, businesses, and economists.
Q: How is the Civilian Labor Force in Minnesota data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is the Civilian Labor Force in Minnesota trend used in economic policy?
A: Trends in Minnesota's labor force are closely monitored to inform economic and workforce development policies in the state.
Q: Are there any update delays or limitations for the Civilian Labor Force in Minnesota data?
A: The Civilian Labor Force in Minnesota data is updated monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Civilian Labor Force in Minnesota (MNLF), retrieved from FRED.