Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for Ireland
Persons, Annual, Seasonally Adjusted
LFEM64TTIEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,636,325.00
Year-over-Year Change
44.02%
Date Range
1/1/2000 - 1/1/2024
Summary
This annual, seasonally adjusted employment trend measures the total number of persons employed in the United States. It provides a comprehensive view of the U.S. labor market and is a key indicator used by economists and policymakers.
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, Annual, Seasonally Adjusted trend represents the total civilian employment in the United States, adjusting for seasonal fluctuations. It is a widely followed metric that reflects the overall health and strength of the U.S. economy.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment statistic is closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Key Facts
- The U.S. employed over 158 million people in 2022.
- Employment levels are a key indicator of economic growth and consumer spending.
- The U.S. labor force participation rate was 62.2% as of December 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on an annual, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Employment levels are a fundamental indicator of economic health and consumer demand, making this trend highly relevant for economists, policymakers, and market analysts.
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: This employment statistic is closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The employment data is published on a monthly basis, with an annual, seasonally adjusted figure provided.
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Citation
U.S. Federal Reserve, Persons, Annual, Seasonally Adjusted (LFEM64TTIEA647S), retrieved from FRED.