Infra-Annual Labor Statistics: Employment Total: From 15 to 24 Years for Turkiye
Persons, Annual, Seasonally Adjusted
LFEM24TTTRA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,595,250.00
Year-over-Year Change
26.01%
Date Range
1/1/2006 - 1/1/2024
Summary
The 'Persons, Annual, Seasonally Adjusted' trend measures the total employed civilian population in the United States. This key economic indicator provides insights into labor market dynamics and overall economic activity.
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
This annual, seasonally adjusted series tracks the total number of employed persons in the U.S. civilian noninstitutional population. It is a broad measure of labor force participation and is closely watched by economists, policymakers, and investors to assess the health of the economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
The employment-to-population ratio is a widely used metric to evaluate the strength of the labor market and overall economic conditions.
Key Facts
- The U.S. employed civilian population reached a record high of 157.5 million in 2019.
- Employment levels declined sharply during the COVID-19 pandemic but have since partially recovered.
- The employment-to-population ratio is a key measure of labor market health.
FAQs
Q: What does this economic trend measure?
A: The 'Persons, Annual, Seasonally Adjusted' trend measures the total number of employed civilians in the U.S. population, providing a broad indicator of labor market activity.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a widely watched economic indicator that helps assess the overall strength of the labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the monthly Current Population Survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors closely monitor employment trends to inform decisions around monetary policy, fiscal policy, and market analysis.
Q: Are there update delays or limitations?
A: The employment data is released on a monthly basis, with annual figures typically available within a few months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM24TTTRA647S), retrieved from FRED.