Infra-Annual Labor Statistics: Employment Total: From 15 to 64 Years for United States
Persons, Annual, Not Seasonally Adjusted
LFEM64TTUSA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
150,069,800.00
Year-over-Year Change
10.98%
Date Range
1/1/1955 - 1/1/2024
Summary
This annual, not seasonally adjusted economic trend measures the total number of persons employed in the United States. It provides valuable insights into the overall health and dynamics of the U.S. labor market.
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, Not Seasonally Adjusted' trend represents the total number of employed individuals in the U.S. across all sectors and industries. This metric is widely used by economists, policymakers, and analysts to assess the strength and growth of the national workforce.
Methodology
The data for this trend is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment statistic is a key indicator for monitoring the performance of the U.S. economy and guiding economic policy decisions.
Key Facts
- The U.S. employed over 160 million people in 2021.
- Employment levels fluctuate with economic cycles.
- The services sector accounts for the majority of U.S. employment.
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, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment statistic is a key indicator of the overall health and performance of the U.S. economy, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data for this trend is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor employment trends to inform decisions on monetary and fiscal policies aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is released with a slight delay, typically several months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Persons, Annual, Not Seasonally Adjusted (LFEM64TTUSA647N), retrieved from FRED.