Civilian Labor Force in North Carolina
NCLF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,286,871.00
Year-over-Year Change
-0.02%
Date Range
1/1/1976 - 6/1/2025
Summary
The Civilian Labor Force in North Carolina measures the total number of employed and unemployed people in the state's civilian labor force. This key economic indicator provides insights into the strength and dynamics of the North Carolina job 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
The Civilian Labor Force in North Carolina represents the total number of working-age residents who are employed or actively seeking work. It is an important metric for analyzing labor supply, unemployment trends, and the overall health of the state's economy.
Methodology
The data is collected through household surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess North Carolina's economic performance and guide workforce development initiatives.
Key Facts
- North Carolina's civilian labor force exceeded 5 million in 2022.
- The state's labor force participation rate is consistently higher than the national average.
- North Carolina has experienced steady labor force growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Civilian Labor Force in North Carolina measures the total number of people aged 16 and older who are employed or actively seeking work in the state.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength and dynamics of the North Carolina job market, which is crucial for economic policymaking and business decision-making.
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 economists use this trend to assess the overall health of North Carolina's economy and guide workforce development initiatives, such as job training programs and labor market policies.
Q: Are there update delays or limitations?
A: The Civilian Labor Force in North Carolina data is typically released on a monthly basis, with a slight delay to allow for data collection and processing.
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Citation
U.S. Federal Reserve, Civilian Labor Force in North Carolina (NCLF), retrieved from FRED.