Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Estonia
Persons, Quarterly, Seasonally Adjusted
LFACTTTTEEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
752,884.40
Year-over-Year Change
5.24%
Date Range
1/1/2000 - 1/1/2025
Summary
This economic trend measures the total number of persons employed in the United States on a quarterly, seasonally adjusted basis. It is a key indicator of labor market conditions 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, Quarterly, Seasonally Adjusted series represents the total number of employed individuals in the U.S. economy. It is a widely-tracked metric used by economists, policymakers, and analysts to assess the health and trends of the labor market.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored for its implications on consumer spending, inflation, and broader economic policy decisions.
Key Facts
- The series is updated quarterly.
- Employment levels reached a record high in Q4 2019.
- The COVID-19 pandemic led to a sharp decline in employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a key indicator of labor market conditions and overall economic activity, and is closely monitored by economists, policymakers, and market participants.
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 trend is used by policymakers and analysts to assess the health of the labor market and make informed decisions about economic and monetary policy.
Q: Are there update delays or limitations?
A: The series is updated quarterly, with a slight lag time in the data release.
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Citation
U.S. Federal Reserve, Persons, Quarterly, Seasonally Adjusted (LFACTTTTEEQ647S), retrieved from FRED.