The total number of people who are either employed or seeking employment, or the pool of individuals that are
readily available for paid employment that are currently working or looking for work. Labor force data is based on a survey of households.
Source: Housing Intelligence, Market Dashboard Report, Bureau of Labor Statistics, Nielsen Claritas.
How to Use it
Trends in the labor force can in part be used to determine the condition of the local labor market.
When employment becomes scarce, the labor force declines due to the decrease in the number of persons employed and also
the number of persons seeking employment. As jobs become more abundant, individuals who have previously exited the labor force often return.
Last updated Jul 2011