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Line 1 - Not in Labor Force
Line 1
(a) Not in Labor Force, Thousands of Persons, Seasonally Adjusted (LNS15000000)
The series comes from the 'Current Population Survey (Household Survey)' The source code is: LNS15000000

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    Now create a custom formula to combine or transform the series.

    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

    Finally, you can change the units of your new series.

    Select a date that will equal 100 for your custom index:
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    Line 1 - Not in Labor Force
    Line 2
    (a) Unemployment Level, Thousands of Persons, Seasonally Adjusted (UNEMPLOY)
    The series comes from the 'Current Population Survey (Household Survey)' The source code is: LNS13000000 The Unemployment Level is the aggregate measure of people currently unemployed in the US. Someone in the labor force is defined as unemployed if they were not employed during the survey reference week, were available for work, and made at least one active effort to find a job during the 4-week survey period. The Unemployment Level is collected in the CPS and published by the BLS. It is provided on a monthly basis, so this data is used in part by macroeconomists as an initial economic indicator of current trends. The Unemployment Level helps government agencies, financial markets, and researchers gauge the overall health of the economy. Note that individuals that are not employed but not actively looking for a job are not counted as unemployed. For instance, declines in the Unemployment Level may either reflect movements of unemployed individuals into the labor force because they found a job, or movements of unemployed individuals out of the labor force because they stopped looking to find a job. For more information, see: U.S. Bureau of Labor Statistics, CES Overview (https://www.bls.gov/web/empsit/cesprog.htm) U.S. Bureau of Labor Statistics, BLS Handbook of Methods: Chapter 2. Employment, Hours, and Earnings from the Establishment Survey (https://www.bls.gov/opub/hom/pdf/ces-20110307.pdf)

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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      Line 1
      Not in Labor Force
      Line details & color

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      Line 2
      Unemployment Level
      Line details & color

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      Notes

      Source: U.S. Bureau of Labor Statistics  

      Release: Employment Situation  

      Units:  Thousands of Persons, Seasonally Adjusted

      Frequency:  Monthly

      Notes:

      The series comes from the 'Current Population Survey (Household Survey)'

      The source code is: LNS15000000

      Suggested Citation:

      U.S. Bureau of Labor Statistics, Not in Labor Force [LNS15000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/LNS15000000, April 5, 2025.

      Source: U.S. Bureau of Labor Statistics  

      Release: Employment Situation  

      Units:  Thousands of Persons, Seasonally Adjusted

      Frequency:  Monthly

      Notes:

      The series comes from the 'Current Population Survey (Household Survey)'
      The source code is: LNS13000000

      The Unemployment Level is the aggregate measure of people currently unemployed in the US. Someone in the labor force is defined as unemployed if they were not employed during the survey reference week, were available for work, and made at least one active effort to find a job during the 4-week survey period.

      The Unemployment Level is collected in the CPS and published by the BLS. It is provided on a monthly basis, so this data is used in part by macroeconomists as an initial economic indicator of current trends. The Unemployment Level helps government agencies, financial markets, and researchers gauge the overall health of the economy.

      Note that individuals that are not employed but not actively looking for a job are not counted as unemployed. For instance, declines in the Unemployment Level may either reflect movements of unemployed individuals into the labor force because they found a job, or movements of unemployed individuals out of the labor force because they stopped looking to find a job.


      For more information, see:
      U.S. Bureau of Labor Statistics, CES Overview
      U.S. Bureau of Labor Statistics, BLS Handbook of Methods: Chapter 2. Employment, Hours, and Earnings from the Establishment Survey

      Suggested Citation:

      U.S. Bureau of Labor Statistics, Unemployment Level [UNEMPLOY], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/UNEMPLOY, April 5, 2025.

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