Infra-Annual Labor Statistics: Employment Female: From 15 to 24 Years for G7
Persons, Seasonally Adjusted
G7LFEM24FESTSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,677,520.00
Year-over-Year Change
3.55%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic indicator tracks the number of persons who are employed in the United States, adjusted for seasonal variations. It provides a comprehensive measure 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, Seasonally Adjusted series represents the total number of employed persons in the U.S. economy, with adjustments made to account for typical seasonal fluctuations. This metric is a key indicator of the overall health and robustness of the labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this indicator to assess the strength of the economy and make informed decisions.
Key Facts
- The Persons, Seasonally Adjusted series reached a record high of 152.5 million in February 2020.
- This indicator has shown a steady recovery since the COVID-19 pandemic-induced downturn.
- The unemployment rate, calculated using this employment data, is a closely watched metric for the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Persons, Seasonally Adjusted series measures the total number of employed persons in the United States, with adjustments made to account for typical seasonal fluctuations in the labor market.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides a comprehensive view of the strength and resilience of the U.S. labor market, which is a key driver of economic growth and prosperity. Analysts and policymakers closely monitor this metric to assess the overall health of the economy.
Q: How is this data collected or calculated?
A: The data for the Persons, Seasonally Adjusted series 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 economists use this employment data to inform decisions related to monetary and fiscal policies, as well as to gauge the impact of various economic interventions on the labor market.
Q: Are there update delays or limitations?
A: The Persons, Seasonally Adjusted data is typically released on a monthly basis, with a relatively short delay. However, the data may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Persons, Seasonally Adjusted (G7LFEM24FESTSAQ), retrieved from FRED.