All Employees: Financial Activities in Rhode Island
Annual, Not Seasonally Adjusted
SMU44000005500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.10
Year-over-Year Change
5.41%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted civilian labor force in the United States. It is a key indicator of the size and composition of the U.S. workforce.
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 annual, not seasonally adjusted civilian labor force series represents the total number of people 16 years and older who are either employed or actively seeking work. It is a fundamental economic metric used to analyze labor market trends and dynamics.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The civilian labor force data informs economic policymaking and helps analysts assess the overall health and utilization of the U.S. labor market.
Key Facts
- The U.S. civilian labor force totaled over 165 million people in 2021.
- Labor force participation has declined from a peak of 67.3% in 2000 to 61.6% in 2021.
- Women make up approximately 47% of the U.S. civilian labor force.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of people 16 years and older who are either employed or actively seeking work in the United States, on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The civilian labor force is a fundamental economic indicator that provides insight into the size, composition, and dynamics of the U.S. workforce, which is crucial for policymakers and analysts to assess the overall health of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The civilian labor force data informs economic policymaking and helps analysts assess the overall health and utilization of the U.S. labor market, which is a key consideration for the Federal Reserve and other policymakers.
Q: Are there update delays or limitations?
A: The civilian labor force data is released monthly, with a slight delay, and may be subject to revisions as more information becomes available.
Related Trends
Real Estate, Rental and Leasing Wages and Salaries in Rhode Island
RIWREA
Industrial Carbon Dioxide Emissions, Weighted Coefficient for Other Petroleum for Rhode Island
EMISSCO2VOPICBRIA
Business Applications with Planned Wages: Total for All NAICS in Rhode Island
BAWBATOTALNSARI
State Tax Collections: T29 Other License Taxes for Rhode Island
QTAXT29QTAXCAT3RINO
Gross Domestic Product: Computer and Electronic Product Manufacturing (334) in Rhode Island
RICPUELCPMANNGSP
All Employees: Construction in Rhode Island
RICONS
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU44000005500000001A), retrieved from FRED.