Quarterly, Not Seasonally Adjusted
Seasonally Adjusted
OECDLFHU24TTSTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,025,966.00
Year-over-Year Change
8.13%
Date Range
1/1/2005 - 4/1/2025
Summary
The Seasonally Adjusted (SA) trend measures the level of the labor force in major advanced economies, adjusted for typical seasonal variations. It provides a clearer picture of underlying labor market trends for economists and policymakers.
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 Seasonally Adjusted labor force data removes regular cyclical patterns due to factors like weather, holidays, and other predictable events. This allows analysts to better identify and interpret changes in the core labor market that may have important economic implications.
Methodology
The data is calculated by the OECD using statistical methods to remove seasonal influences from the raw labor force figures.
Historical Context
Policymakers and economists closely monitor labor force trends to assess the health of the broader economy and inform decisions.
Key Facts
- The SA labor force data covers 37 OECD countries.
- The OECD adjusts the data monthly to account for seasonal patterns.
- Monitoring labor force trends is crucial for economic policymaking.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted labor force trend measures the size of the labor force in major economies, with regular seasonal variations removed to provide a clearer picture of underlying labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: Tracking the seasonally adjusted labor force is important for economists and policymakers to assess the health of the broader economy and make informed decisions.
Q: How is this data collected or calculated?
A: The OECD calculates the Seasonally Adjusted labor force data using statistical methods to remove predictable seasonal patterns from the raw labor force figures.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Seasonally Adjusted labor force trend to gauge the strength of the labor market and broader economic conditions, which informs policy decisions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted labor force data is published monthly by the OECD, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (OECDLFHU24TTSTSAQ), retrieved from FRED.