Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for G7
Persons
G7LFACTTTTSTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
399,149,400.00
Year-over-Year Change
3.79%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Persons' economic trend measures the total number of people employed in the United States. It is a key indicator of labor market health and 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
The 'Persons' trend represents the total number of individuals, in millions, who are employed in the U.S. economy. This metric is widely used by economists, policymakers, and analysts to gauge the strength of the labor market and broader economic conditions.
Methodology
The data is collected through surveys of U.S. households by the Bureau of Labor Statistics.
Historical Context
The 'Persons' trend is a closely watched economic indicator that informs policy decisions and market analysis.
Key Facts
- The 'Persons' trend reached an all-time high of 158.8 million in February 2020.
- Employment levels dropped sharply during the COVID-19 pandemic but have since recovered.
- The trend is closely monitored by the Federal Reserve and other policymakers.
FAQs
Q: What does this economic trend measure?
A: The 'Persons' trend measures the total number of people employed in the United States economy.
Q: Why is this trend relevant for users or analysts?
A: The 'Persons' trend is a key indicator of labor market health and overall economic activity, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data for the 'Persons' trend is collected through surveys of U.S. households conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The 'Persons' trend is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy and labor market interventions.
Q: Are there update delays or limitations?
A: The 'Persons' data is released monthly with a typical lag of several weeks, and may be subject to revisions as more information becomes available.
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Balance of Payments: Current Account: Balance (Revenue Minus Expenditure) for G7
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Infra-Annual Labor Statistics: Employment Rate Male: From 25 to 54 Years for G7
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Citation
U.S. Federal Reserve, Persons (G7LFACTTTTSTQ), retrieved from FRED.