Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Ireland
Persons, Quarterly, Seasonally Adjusted
LFEM55TTIEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
435,600.00
Year-over-Year Change
12.44%
Date Range
4/1/1999 - 1/1/2025
Summary
This economic trend measures the total number of employed persons in the United States on a quarterly, seasonally adjusted basis. It serves as a key indicator of labor market health and overall economic conditions.
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 'Persons, Quarterly, Seasonally Adjusted' metric tracks the total number of individuals employed in the U.S. economy. It is a widely followed statistic used by economists, policymakers, and market analysts to assess the strength and direction of the labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored for insights into consumer spending, inflationary pressures, and the overall trajectory of the economy.
Key Facts
- The U.S. employed over 158 million people in the most recent quarter.
- Employment levels have recovered to pre-pandemic highs.
- The labor force participation rate remains below historical norms.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a crucial indicator of economic health and are closely monitored by policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Employment data informs monetary and fiscal policy decisions, as well as market and consumer sentiment analysis.
Q: Are there update delays or limitations?
A: The data is released quarterly with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFEM55TTIEQ647S), retrieved from FRED.