Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 64 Years for Ireland
Annual, Seasonally Adjusted
LREM64TTIEA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.45
Year-over-Year Change
24.29%
Date Range
1/1/2000 - 1/1/2024
Summary
The Annual, Seasonally Adjusted employment rate tracks the percentage of the total labor force that is employed in the United States. This metric is a key indicator of the overall health and stability of the U.S. economy.
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 Annual, Seasonally Adjusted employment rate represents the share of the civilian labor force that is currently employed. It is a widely followed economic indicator used by policymakers, analysts, and businesses to assess labor market conditions and economic performance.
Methodology
The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
The employment rate is a crucial input for economic policy decisions and market analyses.
Key Facts
- The U.S. employment rate averaged 59.2% in 2022.
- Employment levels declined sharply during the COVID-19 pandemic but have since recovered.
- Maintaining a healthy employment rate is a key policy objective for the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Annual, Seasonally Adjusted employment rate tracks the percentage of the total labor force that is employed in the United States.
Q: Why is this trend relevant for users or analysts?
A: The employment rate is a crucial indicator of the overall health and stability of the U.S. economy, used by policymakers, analysts, and businesses to assess labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a monthly household survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The employment rate is a crucial input for economic policy decisions, as maintaining a healthy labor market is a key objective for the Federal Reserve and other policymakers.
Q: Are there update delays or limitations?
A: The Annual, Seasonally Adjusted employment rate data is published monthly with a brief delay, and may be subject to minor revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LREM64TTIEA156S), retrieved from FRED.